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Thursday, February 23, 2017
TransGlobe Energy has placed its NWG-38 Red Bed formation discovery on production. The well is located on Egypt’s North West Gharib (NWG) Concession. TransGlobe’s stake in the NWG Concession is 100% interest.
The well was placed on production at an initial rate of around 750 bpd. NWG-38 is located on a separate Red Bed structure approximately 1.4 km east of the NWG 3, which was placed on production in late-December at a flowing rate of around 1,000 bpd from the Red Bed formation.
The NWG-38 pipeline is connected to the NWG 3 early production facility (EPF) where the oil is gathered and subsequently trucked to the company’s West Bakr oil terminal at K station. TransGlobe’s entitlement oil from NWG is lifted and sold with its West Gharib and West Bakr entitlement oil as part of the Ras Gharib blend.
Currently the company has two drilling rigs active on North West Gharib. The first rig is drilling NWG-27-1A, an appraisal of the NWG-27 discovery. The NWG-27-1A is targeting the Red Bed in a structurally higher position above the oil water contact in NWG-27.
TransGlobe has received access approvals for an additional 28 well locations in the northern NWG area which could be drilled during 2017/18 depending on additional exploration/appraisal results. NWG-27-1A is the first of eight budgeted (2017 firm and contingent) Red Bed appraisal/development wells planned for the area over the year. Following the NWG-27-1A well the rig is scheduled to return to exploration drilling, with three additional Red Bed exploration wells planned in the area to the east of NWG 27.
The second drilling rig is currently drilling the NWG-28 exploration well targeting a Rudeis/Asl prospect in the southern portion of the NWG concession.
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