UK Oil & Gas PLC (UKOG) has interests, held directly or indirectly, in a portfolio of eight UK oil and gas assets held under Petroleum Exploration and Production Licences (“PEDL”) granted by the UK Government.
UKOG’s portfolio comprises:
- two onshore oil-producing fields, which generate cash for UKOG
- four appraisal/development licences (two with additional exploration potential)
- three exploration licences
Click here to download the latest portfolio map.
UKOG’s assets are primarily located in the Weald Basin, in southern England, where there is a longstanding track-record of low impact well construction and production operations. Drilling activities in the Weald have taken place for over 100 years with over 170 wells drilled to date. Peak activity occurred in 1986 when 26 wells were drilled in the Weald.
UKOG’s portfolio has a good balance of low risk, stable production and conventional development assets, together with higher risk higher reward exploration and tight oil development assets offering further upside potential.
Summary of UKOG Assets
Click here to download an up-to-date list of assets. (Updated 13 July 2022)
The Xodus 2018 CPR – Competent Person's Report reviewed the Reserves and Resources of the following UKOG assets: Avington (PEDL70), Baxters Copse (PEDL233), A24 (PEDL143), Horndean (PL211), Horse Hill (PEDL 137 and 246), Isle of Wight Onshore (PEDL331) and Markwells Wood (PEDL126). Click here to download