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Tag: Drilling

SDX Energy spuds SD-5X well at South Disouq Concession

Posted: March 11, 2022 at 9:37 pm   /   Oil & Gas

SDX Energy, the MENA-focused energy company, has announced the spudding of the SD-5X exploration well, targeting the Warda prospect in the South Disouq development lease. SD-5X spudded on 4 March 2022 and is expected to reach TD in approx. three weeks. The primary target, which has already been encountered in the Ibn Yunus and Sobhi field reservoirs, is the basal Kafr El Sheikh sand at […]

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TransGlobe Energy announces its 2021 year end reserves

Posted: March 11, 2022 at 9:32 pm   /   Oil & Gas

TransGlobe Energy has announced the results of its independent reserves evaluation for the year ended December 31, 2021 as prepared by GLJ Ltd. All dollar values are expressed in US dollars unless otherwise stated. HIGHLIGHTS Proved Developed Producing (‘PDP’) gross reserves increased 30% to 19.9 MMboe from 15.3 MMboe at year end 2020. Total proved (‘1P’) gross reserves increased […]

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SDX Energy completes drilling at the MSD-25 well in West Gharib

Posted: March 3, 2022 at 11:24 am   /   Oil & Gas

AIM-listed SDX Energy, the MENA-focused energy company, has announced the completion of drilling at the MSD-25 infill development well on the Meseda field in its West Gharib concession, Egypt (SDX: 50% working interest). MSD-25 encountered the primary top Asl Formation reservoir at 4,109ft MD (3,361ft TVDSS) and reached a TD of 4,385ft MD. The well encountered 84.8ft of good-quality, […]

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SDX announces proposed disposal of 33% of South Disouq for $5 million

Posted: February 2, 2022 at 12:57 pm   /   Oil & Gas

AIM-listed SDX Energy, the MENA-focused oil and gas company, has announced the proposed disposal of 33% of the shares in the entity that holds its interests across its South Disouq concession and its intention to initiate a share buyback program of up to US$3.0 million in H2 2022. All monetary values are expressed in United States dollars net to the Company […]

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Pharos Energy

Pharos Energy announces restart of El Fayum development drilling

Posted: November 25, 2021 at 12:20 pm   /   Oil & Gas

Pharos Energy has announced a return to drilling in its El Fayum Concession in Egypt, with the commencement of an interim three-well development programme. Ed Story, President and Chief Executive Officer, commented: ‘I am pleased to announce that, after a significant period of restricted activity in Egypt, we have recommenced development drilling operations in El Fayum. This three-well infill […]

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United O&G announces spudding of Al Jahraa-13 development well in Egypt’s Abu Sennan licence

Posted: November 16, 2021 at 3:46 pm   /   Oil & Gas

AIM-listed United Oil & Gas has announced the spudding of the Al Jahraa-13 development (‘AJ-13’) well in the Abu Sennan licence, onshore Egypt. Highlights Drilling of the AJ-13 development well, which will target stacked Upper and Lower Bahariya reservoir targets, has commenced The well will take approx. 65 days to drill and complete and is fully funded from operational cashflow […]

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Eni makes three new oil & gas discoveries in Egypt’s Western Desert

Posted: October 27, 2021 at 8:00 pm   /   Oil & Gas

The three new discoveries are estimated to hold about 50Mboe of hydrocarbon reserves. Eni has made three new oil and gas discoveries in Meleiha and South West Meleiha concessions, in the Western Desert of Egypt. According to preliminary estimates, the new discoveries hold about 50 million barrels of oil equivalent (Mboe) of hydrocarbon in place. […]

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Kuwait Energy makes commercial discovery in Abu Sennan license

Posted: October 20, 2021 at 2:45 pm   /   Oil & Gas

Kuwait Energy Egypt submitted a notice of commercial discovery following production from the AR-C reservoir in the ASX-1X exploration well in the Abu Sennan license, 7 km north of the producing Al Jahraa field in Egypt’s Western Desert, partner United Oil & Gas PLC said in an Oct. 19 release. The well reached a total […]

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SDX Energy spuds MSD-21 development well at West Gharib concession, Egypt

Posted: October 18, 2021 at 11:46 pm   /   Oil & Gas

AIM-listed SDX Energy, the MENA-focused energy company, has announced the spudding of the MSD-21 infill development well on the Meseda field. The well is the first, in a fully funded, 12 well development campaign on the Meseda and Rabul oil fields in the West Gharib concession, Egyptian Eastern Desert. The development drilling campaign is aimed at growing production […]

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SDX Energy provides update on drilling operations at Ibn Yunus-2 well in Egypt

Posted: July 13, 2021 at 3:46 pm   /   Oil & Gas

AIM-listed SDX Energy, the MENA-focused oil and gas company, has provided an update on drilling operations at the Ibn Yunus-2 well in the South Disouq Exploration Permit onshore Nile Delta, Egypt (SDX 55% working interest). The well was drilled to a measured depth of 8,025 feet, encountering 40.5 feet net-pay of high-quality gas-bearing sands, with […]

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