The Al Amir SE 24 (AASE-24) development well in the Northwest Gemsa Concession of Egypt’s Eastern Desert has hit “significant oil-bearing reservoir sections in both the Kareem Rahmi and Shagar formation,” SDX Energy Inc. said in a news release.
The well was completed as a producer in the Shagar formation and flowed on a test light 43.6 degree API oil at an average rate of 1,714 bbl/d with 3.062 MMscf/d of associated gas. SDX said the well, which has been connected to existing facilities, will be placed on production immediately.
According to the news release, the well was drilled to a depth of 3,025 m (9,925 ft), where both oil reservoirs were encountered. Log analysis indicated 5 m (15 ft) of net Shagar oil pay and 2 m (7 ft) of net Rahmi oil pay.
“The AASE24 well is expected to be another strong producer from the Shagar and is the second of two successful development wells to be drilled in the field this year,” SDX Energy CEO Paul Welch said in the release. “The results of these two development wells combined with a nine well work-over program, which his currently underway, will allow us to maintain production at a plateau rate of 8,000 boe/d for the remainder of 2016.”
SDX has a 10% working interest in the North West Gemsa Concession, the release said.
Recommended Reading
Equinor Receives Significant Discovery License from C-NLOPB
2024-02-02 - C-NLOPB estimates recoverable reserves from Equinor’s Cambriol discovery at 340 MMbbl.
Deepwater Roundup 2024: Americas
2024-04-23 - The final part of Hart Energy E&P’s Deepwater Roundup focuses on projects coming online in the Americas from 2023 until the end of the decade.
Oceaneering Won $200MM in Manufactured Products Contracts in Q4 2023
2024-02-05 - The revenues from Oceaneering International’s manufactured products contracts range in value from less than $10 million to greater than $100 million.
CNOOC’s Suizhong 36-1/Luda 5-2 Starts Production Offshore China
2024-02-05 - CNOOC plans 118 development wells in the shallow water project in the Bohai Sea — the largest secondary development and adjustment project offshore China.
TotalEnergies Starts Production at Akpo West Offshore Nigeria
2024-02-07 - Subsea tieback expected to add 14,000 bbl/d of condensate by mid-year, and up to 4 MMcm/d of gas by 2028.