Friday, October 11, 2019
In its recent operations update, TransGlobe Energy reported that the NWG 38D-1 exploration well drilled in Egypt’s Eastern Desert during Q2 was completed, perforated, and is currently producing oil to surface at a low rate, confirming the well as an oil discovery in the Red Bed formation.
The company also said that NWG 38D-1 will require stimulation (similar to NWG 38A-1) in Q4 prior to putting into full production. Data recovered and analysed from the well shows it to be in pressure communication with the adjacent NWG 38A pool. While encouraging, any potential for additional drilling and reserves additions will be assessed following stimulation and production of the well.
In the Western Desert, following the grant in June, 2019 of a 20-year development lease at South Ghazalat, the SGZ-6X discovery well (3,840 Bopd* of light oil) was completed during Q3 as an oil producer in the upper Bahariya formation. Construction of an early production facility (“EPF”) in South Ghazalat is on schedule, from which oil will be transported to the nearby South Dabaa receiving facility and onwards via existing pipeline infrastructure to market. First oil is expected late in Q4, 2019.
Concurrently, the company has submitted permits and is sourcing a drilling rig to drill an appraisal well in the SGZ-6X pool during Q4, 2019 which, if successful, will be completed and connected to the new South Ghazalat EPF. In addition, a project to merge and reprocess two existing 3D seismic surveys over the development lease area will also be completed in Q4 2019.