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Tag: Onshore
Abu Sennan

United Oil & Gas provides update on Abu Sennan, Rockhopper acquisition

Posted: January 26, 2020 at 3:13 pm   /   Oil & Gas

AIM-listed United Oil & Gas has provided an update on the proposed acquisition of Rockhopper Egypt from Rockhopper Exploration.  Rockhopper Egypt holds a 22% non-operating interest in the producing Abu Sennan concession, onshore Egypt. This update provides further detail regarding the ASH-2 well which was recently drilled at Abu Sennan, current production at Abu Sennan and […]

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Egypt-South-Disouq SDX

SDX announces reserves upgrade at South Disouq onshore concession

Posted: January 7, 2020 at 8:54 pm   /   Oil & Gas

SDX Energy, the MENA-focused oil and gas company, has announced that upon completion of an independent technical and economic audit of the reserves at its operated South Disouq concession (SDX: 55% working interest), Gaffney, Cline & Associates (GCA) has reported that gross proved plus probable reserves (‘2P reserves’), as at 30 September 2019, are 86 […]

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Abu Sennan

New discovery in Egypt’s Western Desert to produce 7000 bopd, 10 mmcfd of gas

Posted: December 20, 2019 at 9:04 pm   /   Oil & Gas

The Ministry of Petroleum and Mineral Resources on Thursday announced a new oil discovery in the Western Desert where an average of 7,000 barrels of crude oil and 10 million cubic feet of gas are envisaged to be produced on daily basis. The oil discovery, in the Western Desert’s Abu Sennan, an area near the […]

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Rockhopper

Rockhopper provides operational update on Abu Sennan concession in Egypt

Posted: December 18, 2019 at 1:35 pm   /   Oil & Gas

Rockhopper Exploration has provided an operational update in relation to the Abu Sennan concession, Egypt. Through Rockhopper Egypt, Rockhopper holds a 22% working interest in Abu Sennan. ASH-2 The commitment well, ASH-2, was spudded on 21 October 2019, and reached total depth of 4,030m measured depth (‘MD’) in the Alam El Bueib Formation on 22 […]

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Wintershall Dea Libya

Wintershall Dea signs two EPSA agreements with Libya’s NOC

Posted: December 17, 2019 at 1:09 pm   /   Oil & Gas

Petroleum Concessions 96 and 97 converted to EPSA IV standard. Wintershall Dea affiliate WIAG will transfer operatorship of Sirte Basin fields to new Joint Operating Company by mid-2020. Wintershall Aktiengesellschaft (WIAG) and Libya’s National Oil Corporation (NOC) today have signed two Exploration and Production Sharing Agreements (EPSAs) for Areas 91 (former Concession 96) and 107 […]

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TGS AustinBridgeporth

TGS, AustinBridgeporth to acquire World’s Highest Resolution Gravity Data over Egypt

Posted: December 12, 2019 at 3:58 pm   /   Oil & Gas

TGS, in partnership with AustinBridgeporth, has been granted exclusive rights to acquire the world’s highest resolution gravity imagery, eFTG (enhanced Full Tensor Gravity Gradiometry), within Egypt. The first phase, which surveys the Upper Egypt region, was signed by Ganope Chairman His Excellency Mr. Mohamed Abdelazeem at the 2019 Mediterranean Offshore Conference (MOC) in Alexandria, Egypt. […]

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United

United Oil & Gas raises $6.3 million to fund Rockhopper Egypt acquisition

Posted: December 10, 2019 at 1:31 pm   /   Oil & Gas

United Oil conditionally raises USD 6.3 million to partially fund Rockhopper Egypt acquisition: Irish energy company United Oil & Gas has conditionally raised USD 6.3 million to partially finance its planned USD 16 million acquisition of Rockhopper Egypt’s business, United Oil said in an LSE disclosure. The company raised the amount through a share issuance, […]

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SDX

SDX Energy achieves stabilised plateau production at South Disouq

Posted: December 10, 2019 at 1:25 pm   /   Oil & Gas

SDX Energy, the MENA-focused oil and gas company, has achieved its targeted stabilised plateau production rate of 50 MMscfe/d from its operated South Disouq concession (SDX: 55% working interest) in Egypt approx. three months earlier than initially expected. Gas has been flowing through the South Disouq Central Processing Facility (‘CPF’) since 7 November 2019 with […]

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rig

Baker Hughes awards ADES deep drilling contracts in Kuwait

Posted: December 10, 2019 at 1:20 pm   /   Oil & Gas

Baker Hughes Co. has awarded ADES International Holding PLC a pair of deep drilling contracts under a lump sum turnkey project (LSTK) project in Kuwait, ADES reported Monday. “We are extremely pleased to secure our first onshore deep drilling LSTK contract with Baker Hughes,” Mohamed Farouk, CEO of ADES commented. The contracts apply to ADES […]

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Shell

Shell appoints Citi for $1 billion sale of Egypt Western Desert assets

Posted: November 17, 2019 at 12:55 am   /   Oil & Gas

Royal Dutch Shell has appointed investment bank Citi to run the sale of its onshore Egyptian oil and gas assets which could fetch around $1 billion, sources close to the process said. The sale process is expected to be officially launched at the end of November, the sources said. Shell said last month it plans […]

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