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Wednesday, January 4, 2023
Kuwait Energy Egypt and United Oil & Gas have completed drilling operations on the ASW-1X exploration well in the Abu Sennan license, onshore Egypt. The ASW-1X well was drilled to a total depth of 3,640 meters, 10 days ahead of schedule and under budget.
The ASW-1X well, spud in December, encountered net reservoir in the Abu Roash, Bahariya, and Alam El Bueib targets, but the logs did not indicate the presence of hydrocarbons. UOG reports that the results from the ASW-1X will be integrated into its subsurface understanding of the Abu Sennan license, and the additional data used to help prioritize future drilling locations.
The well will now be plugged and abandoned, and the Sino Tharwa-1 rig will be mobilized to drill the first well of the 2023 drilling campaign. This will be the ASH-8 development well, targeting an undrilled area of the ASH field.
Details of the 2023 drilling program will be given within United’s trading statement due to be issued in late January.
United Chief Executive Officer, Brian Larkin commented: “Although the results of the ASW-1X well are disappointing, the JV partners are positive about the remaining prospectivity on the license and will continue to deliver the maximum value from it. We are looking forward to the 2023 drilling campaign, which will initially focus on further development of the asset by the drilling of ASH-8 followed by the ASD-3 well. These development wells are targeting the most prolific areas of the Abu Sennan license, to maximize production before the drilling of at least one further exploration well in Abu Sennan later in the year. We look forward to updating the market with further details of planned activity across our portfolio later in January.”
United holds a 22% non-operating interest in the Abu Sennan license, which is operated by Kuwait Energy Egypt.
Image credit: Sino Tharwa
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