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Tag: Western Desert
drilling

United Oil & Gas announces spudding of AJ-14 well in Abu Sennan licence, Egypt

Posted: June 22, 2022 at 10:30 am   /   Oil & Gas

AIM-listed United Oil & Gas,  the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets, has announced the spudding of the Al Jahraa-14 development (‘AJ-14’) well in the Abu Sennan licence, onshore Egypt. AJ -14 summary Drilling of the AJ-14 development well has commenced The well is primarily targeting the main […]

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Transglobe

TransGlobe Energy announces its Egypt operations update

Posted: June 20, 2022 at 12:58 pm   /   Oil & Gas

TransGlobe Energy has announced an update on its operations in Egypt and Canada. All dollar values are expressed in US dollars unless otherwise stated. OVERVIEW Production averaged 12.1 MBoepd in Q2, 2022 to 11 June; Drilled and cased four Egypt Eastern Desert development wells in Q2, 2022 to date; and The Company sold a ~451 Mbbl […]

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Eni Western Desert

Eni announces three new discoveries in the Western Desert of Egypt

Posted: April 14, 2022 at 1:32 pm   /   Oil & Gas

New oil and gas discoveries in the Meleiha concession add 8,500 barrels of oil equivalent to production. Eni announces new oil and gas discoveries in the Meleiha concessions, in Egypt’s Western Desert, for approximately 8,500 barrels/day of oil equivalent. These new discoveries have already been connected and tied into production, in line with the Infrastructure-led […]

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ipr

IPR Completes Transaction with Pharos for Western Desert Assets Acquisition

Posted: March 28, 2022 at 12:44 pm   /   Oil & Gas

Texas-based IPR Energy Group (“IPR”) announced the completion of its acquisition of Operatorship and majority Working Interest of 55% of Pharos Energy plc (“Pharos”) in the El Fayum and North Beni Suef Concessions in the Western Desert, as part of its aggressive expansion strategy in Egypt. This latest acquisition, spanning 6,624 km2 in the Western […]

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United

United Oil & Gas provides Abu Sennan ASD-2 well update

Posted: March 16, 2022 at 9:34 pm   /   Oil & Gas

United Oil & Gas has announced an update on the drilling of the ASD-2 development well in the Abu Sennan licence, onshore Egypt. United holds a 22% working interest in the licence, which is operated by Kuwait Energy Egypt. Highlights ASD-2 development well encountered a total of at least 25.5m of net pay across multiple oil-bearing reservoirs    ASD-2 […]

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cairn-capricon

Capricorn Energy announces full year results for the year ended 31 December 2021

Posted: March 11, 2022 at 9:43 pm   /   Oil & Gas

Simon Thomson, Chief Executive, Capricorn Energy, said: ‘2021 was a transformational year for Capricorn; we continued to successfully reshape our portfolio and achieved a positive resolution of our Indian tax dispute. From the proceeds of asset sales and the Indian tax refund we have committed to nearly US$1 billion of capital returns to shareholders in […]

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transglobe map

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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Eni

Eni awarded five Exploration Licenses in Egypt 2021 Bid Round

Posted: January 15, 2022 at 9:21 pm   /   Oil & Gas

The licenses are located in the Eastern Mediterranean Sea, Western Desert and Gulf of Suez Eni has been awarded five new exploration licenses by the Egyptian Ministry of Petroleum. The licenses, four of which as Operator, are in the Egyptian offshore and onshore, and follow the successful participation to the 2021 competitive “Egypt International Bid […]

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Bid Round Result

Egypt announces Results of 2021 International Digital O&G Bid Round: Seven companies awarded eight concessions

Posted: January 3, 2022 at 8:31 pm   /   Oil & Gas

Seven international companies were awarded exploration and production licenses for eight oil and gas concessions in the Mediterranean, the Western desert, and the Gulf of Suez, with a minimum investment value of c.USD 250 mn, the Oil Ministry said today. The licenses were awarded to Eni, BP, Apex International, Energean, United Energy, INA Naftaplin, and […]

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United

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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