Continental Focus, International Reach

SDX Plans 2019 Egypt Ops

Sunday, February 3, 2019

In 2019 SDX Energy plans gross production of 4,00-4,200 bpd in 2019 from the Meseda Concession in Egypt. According to the company, two wells are on the books for H1; one well in Rabul which will continue to develop the discovery area and one development location in the Meseda field.

SDX said the operator also plans to replace up to five electrical submersible pumps (ESPs) in the wider Meseda area and upgrade water handling capabilities at the field facilities.

On the North West Gemsa Concession, the company said 10 workovers are planned. It has targeted a gross production guidance of 3,400-3,600 boepd for 2019.

On the South Disouq Concession where SDX is the operator, the company will complete the construction of the Central Processing Facility, the 10-km export pipeline, and the tie-ins for the four existing production wells. It went on to say that it is targeting first gas for mid-2019, with a gross plateau production rate of between 50-60 MMscf/d with the conventional natural gas being sold to Egypt at a price of $2.85/Mcf.

The South Disouq’s prospect inventory for future drilling is expected to increase with the interpretation of SDX’s recently acquired 170 sq km of 3D seismic in the southern section of the concession. It will also drill two further exploration wells on the concession over 2019, with multiple additional conventional gas prospects and a conventional oil prospect also identified for future drilling.