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Oil & Gas

EDC-50 rig contracted for Abu Sennan ASH-3 well in Egypt’s Western Desert

EDC50
Posted: December 5, 2020 at 9:10 pm   /   by   /   comments (0)

Kuwait Energy Egypt and Abu Sennan license partners let a contract for the EDC-50 rig to drill the ASH-3 well in Egypt’s Western Desert.

ASH-3 will target producing Alam El Bueib (AEB) reservoirs in an area of ASH field updip of the ASH-2 production well, which came onstream at the beginning of the year and to date has produced more than 1 million bbl, said partner United Oil & Gas PLC.

ASH-3 will be the first well drilled by EDC-50 in the 2021 campaign. UOG expects the second well in the schedule to be an exploration well targeting Abu Roash reservoirs in the 4-way dip-closed prospect D structure north of the license, close to the producing Al Jahraa field. The well is low risk, close to existing infrastructure and could be brought into production quickly, the company said.  

Average production rates on the license for second-half 2020 to Nov. 29 are 2,370 boe/d net to UOG’s working interest—a 20% increase over average first-half 2020 production after UOG’s entry to the license at the end of February. Average second half production is likely to exceed previous guidance of 2,300 boe/d net, the company said.

In the near term, production will benefit from completion of the ASH-2 gas pipeline, expected to be onstream early-2021 with the potential to add up to 1,000 boe/d gross.

Subject to Egyptian General Petroleum Corp. (EGPC) approvals, the EDC-50 rig is due on site before yearend, with drilling starting shortly thereafter. ASH-3 is expected to take up to 60 days to drill and test.

Kuwait Energy Egypt operates Abu Sennan with 25% interest. Partners are UOG (22%), Global Connect Ltd. (25%), and Dover Investments (28%)

(Source: Oil & Gas Journal)