Petroleum Africa
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Tuesday, February 9, 2016
SDX Energy Inc. encountered a significant oil bearing reservoir while drilling the Al Amir SE 23 (AASE-23) development well in North West Gemsa concession in Egypt. The reservoir sections were encountered in both the Kareem Rahmi and Shagar formations and will be completed as a producer in the Shagar.
The AASE-23 was drilled to a depth of 9,900 ft where both the Shagar and Rahmi oil reservoirs were encountered. Log analysis indicates 23 ft of net Shagar oil pay and 28 ft of net Rahmi oil pay. The well was completed as an oil producer in the Shagar and has flowed oil at a rate of 3,860 bpd with 2.55 Mmcf/d of associated gas. The well will be placed on production in the coming days as soon as the completion rig has moved off location.
The company’s current net production in Egypt is 1,666 boepd with 903 boepd net from NW Gemsa, 763 bpd net from Meseda.
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