KD5 was spudded on the 20 January 2016 and on 1 February 2016 reached total depth (TD) of 2,433 metres measured depth, (2,201 metres true vertical depth below Ordnance Survey Datum).
During the course of drilling, elevated gas readings – indicative of the presence of hydrocarbons were recorded from a gross interval of 141 metres, containing 62 metres of net sand.
KD5 development well has been suspended with a completion string that will enable production flow testing of the reservoir with a traditional beam pump in due course.
The Keddington Field interests are as follows:
Egdon Resources U.K. Limited : 45% (Operator)
Terrain Energy Limited : 35%
Nautical Petroleum Limited : 10%
Union Jack Oil plc : 10%
