What is the latest status of the project “Sark Drilling Project”?

The status recorded for “Sark Drilling Project” is planned.

What is the budget and commercial profile for the project “Sark Drilling Project”?

Taiyo normalizes the budget of “Sark Drilling Project” to USD 1100000.

Where can I verify the source and access all details for “Sark Drilling Project”?

This Taiyo project page references Oilfield Technology along with the original URL (https://www.oilfieldtechnology.com/drilling-and-production/14072025/union-jack-oil-plc-sign-farm-in-agreement-with-reach-oil-and-gas-for-the-sark-drilling-project/). Taiyo standardizes official data into a consistent, searchable project profile.

Sark Drilling Project

Sector: Raw Materials • Location: Oklahoma, United States

Source: Oilfield Technology

Project

Planned

Union Jack Oil plc signed a farm-in agreement with Reach Oil and Gas Inc to acquire a 60% working interest (paying 80%) in the Sark well, planned to be drilled early 3Q25 in Central Oklahoma, US. The project involves drilling a 3D supported well targeting multiple formations with estimated recoverable resources of 1,440,000 barrels of oil gross and a chance of success of 65%.

Status: Prospective
Sector: Raw Materials, Oil and Gas
Location: Oklahoma, United States of America
Updated: 22 Jul 2026
Source: Oilfield Technology

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Project Information

4 Q

The project “Sark Drilling Project” is an infrastructure initiative in the Raw Materials sector, located in Oklahoma, United States. Taiyo aggregates data on it from Oilfield Technology.

Participants

Not available for this record.

Status

Original status	planned
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Union Jack Oil plc signed a farm-in agreement with Reach Oil and Gas Inc to acquire a 60% working interest (paying 80%) in the Sark well, planned to be drilled early 3Q25 in Central Oklahoma, US. The project involves drilling a 3D supported well targeting multiple formations with estimated recoverable resources of 1,440,000 barrels of oil gross and a chance of success of 65%.
Original sector	Oil & Gas
Budget

Location

Country	United States of America (USA)
State	Oklahoma

Source

Source	Oilfield Technology
URL

More Details

Record type	Project
Sector	Raw Materials, Oil and Gas
Article published date	2025-09-15

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Sark Drilling Project

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