Newsletter subscribe
Tag: Onshore
SW Meleiha

Eni announces new oil discovery at SW Meleiha, in Egypt’s Western Desert

Posted: July 28, 2020 at 3:17 pm   /   Oil & Gas

Eni announces the discovery of new oil resources in the Western Desert of Egypt with a new exploration well in the South West Meleiha Concession. Production in the Concession started just one year ago and is now in excess of 12,000 bopd. Eni announces the successful drilling of the SWM-A-6X well, in the South West […]

No Comments read more
shell

Carlyle, Cairn-backed group, Dragon Oil in running to acquire Shell Egypt onshore assets

Posted: July 16, 2020 at 2:47 pm   /   Oil & Gas

Private equity firm Carlyle Group and a consortium backed by Cairn Energy are in the running to acquire Shell’s onshore assets in Egypt, Reuters reports, citing two sources with knowledge of the matter. Previous reports had indicated that Cairn Energy was part of a consortium that initially included Cheiron and Pharos Energy, until Pharos withdrew […]

No Comments read more
Egypt-NW-Gemsa-SDX

SDX sells its 50% share in North West Gemsa License to Gulf Energy for $3m

Posted: July 15, 2020 at 11:46 am   /   Oil & Gas

SDX Energy announces sale of non-core Egyptian asset AIM-listed SDX Energy, the MENA-focused oil and gas company, has disposed of its 50% working interest in the North West Gemsa licence, situated in the Eastern Desert of Egypt. The purchaser, Gulf Energy, a private Egyptian oil and gas company, has paid US$3.0 million in consideration for […]

No Comments read more
abu sennan

United Oil & Gas upgrades reserves of Egypt’s Abu Sennan Concession

Posted: June 25, 2020 at 2:33 pm   /   Oil & Gas

Highlights 13,900 boepd gross (3,060 boepd net working interest) average production from the Abu Sennan concession for the first half of June – a 69% increase compared to average April production (1,810 boepd net) Total production during that period has benefited from the ongoing testing of the El Salmiya-5 Well, with c. 4,000 bopd and […]

No Comments read more
SDX

SDX sees potential to extend South Disouq’s gas output plateau to 2026

Posted: June 25, 2020 at 2:26 pm   /   Oil & Gas

Added prospectivity in South Disouq concession. Gas sold at fixed rate $2.85/Mcf to EGAS. UK-listed upstream junior SDX Energy said June 23 it hopes to be able to extend the plateau gas production rate at its flagship South Disouq block onshore Egypt until 2026. SDX — which started production at South Disouq in November last […]

No Comments read more
abu sennan

United O&G reports successful Salmiyah-5 development well in Abu Sennan concession

Posted: June 4, 2020 at 12:06 pm   /   Oil & Gas

Total of over 120m net pay across four hydrocarbon-bearing intervals encountered by El Salmiyah-5 well on Abu Sennan concession – main target potentially materially larger than previously believed Flow rates of 4,100 bopd, with 18 mmscf/d gas (c. 8,700 boepd in total) achieved from Kharita Reservoir during well-testing United’s net production from the Abu Sennan […]

No Comments read more
SDX

SDX Energy announces successful flow rate test at Sobhi discovery well in Egypt

Posted: April 25, 2020 at 2:13 pm   /   Oil & Gas

SDX Energy, the MENA-focused oil and gas company, has provided an update on well-testing operations at the SD-12X (‘Sobhi’; SDX 100% working interest) discovery well in the South Disouq Exploration Permit onshore Nile Delta, Egypt (SDX 55% working interest). The drill stem test (DST) at the Sobhi well began with a step-rate test of one […]

No Comments read more
pharos

Pharos Energy exits group looking to acquire Shell’s Western Desert assets

Posted: April 21, 2020 at 2:11 pm   /   Oil & Gas

On 6 March 2020, Pharos Energy confirmed that it was in the preliminary stages of evaluating the acquisition, as part of a consortium, of Shell Egypt’s upstream portfolio in the Western Desert in Egypt (‘Western Desert Assets’). The Board of Pharos evaluates M&A opportunities with reference to strict strategic, financial and operational criteria. In light […]

No Comments read more
Shell

Cheiron, Cairn, Pharos advance in deal for Shell Egypt onshore assets

Posted: April 13, 2020 at 2:21 pm   /   Oil & Gas

Egypt’s East Gas also among companies in second round of bids.  Planned sale is progressing despite the coronavirus pandemic . Cheiron consortium moves to second round of bidding for Shell Egypt onshore assets: A consortium of Cheiron, Pharos Energy and Cairn Energy has moved to a second round of bidding to acquire Shell’s onshore assets in […]

No Comments read more
Egypt-South-Disouq SDX

SDX announces commercial discovery at Sobhi well, expects tie back in 2021

Posted: April 10, 2020 at 8:57 pm   /   Oil & Gas

AIM-listed SDX Energy, the MENA-focused oil and gas company, is pleased to provide an update on drilling operations at the SD-12X (‘Sobhi’; SDX 100% working interest) well in the South Disouq Exploration Permit onshore Nile Delta, Egypt (SDX 55% working interest). The well has been drilled to a measured depth of 7,245 feet, encountering 108 […]

No Comments read more