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Monday, June 3, 2019
TransGlobe Energy saw a development well drilled on the West Bakr concession in Egypt’s Eastern Desert. The K-63 development well was drilled to a total depth of 4,741 ft and cased as an Asl A formation oil well. The K-63 well encountered an internally estimated 74 ft of net oil pay in the main Asl A pool based on well logs and samples. It is expected that K-63 will be completed and placed on production by early June, along with the previously drilled H-30 development well.
Also on the West Bakr concession, the HW-2X discovery well is producing at a rate of around 700 bpd. During drilling the well encountered an internally estimated 113 ft of net oil pay.
The drilling rig is scheduled to move to TransGlobe’s NW Gharib to drill the NWG 38D-1 exploration well. The well is targeting the Red Bed formation in an adjacent fault block to the east of the company’s producing 38A pool. TransGlobe initiated water injection in the NWG 38A Red Bed pool during Q1 to maintain reservoir pressure and increase recoveries.
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