Petroleum Africa
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Tuesday, November 20, 2018
TransGlobe Energy’s SGZ 6X exploration well was drilled to a total depth of 5,195 ft and cased as a potential Bahariya light oil discovery. Subsequently, the company tested three intervals in the Bahariya formation and tested a combined 3,840 bpd of light oil from the upper and lower Bahariya.
The lower Bahariya formation flowed naturally at an average rate of 2,437 bpd of light (38 API) oil, 21 bpd of water and 1.4 Mmcf/d of natural gas from a 42 ft perforated interval. A total of 918 barrels of oil and 7 barrels of water were produced during the 10 hour test.
The middle Bahariya produced a small amount of formation water using nitrogen to lift fluid to surface from an 8 ft perforated interval.
The upper Bahariya formation flowed at an average rate of 1,403 bpd of light (35 API) oil, 210 bpd of water and 1.0 Mmcf/d of natural gas from a 23 ft perforated interval. A total of 456 barrels of oil and 65 barrels of water were produced during the 8 hour test.
Based on the positive test rates from SGZ 6X, TransGlobe will begin preparing a development plan for the discovery. In addition, it is integrating the SGZ 6X well results into the existing database and mapping to evaluate additional exploration/appraisal drilling in the area and to accelerate potential early development options.
With the completion of SGZ 6X well, the company has met the financial commitments for the current exploration phase of the concession. The South Ghazalat concession was extended to May 6, 2019 with the option to enter into the final 18-month exploration phase.
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