IPR Energy Discovers Oil in North Beni Suef Concession, Western Desert, Egypt
Texas-based IPR Energy Group (“IPR”) announced the discovery of oil in its exploration concession North Beni Suef (NBS), where it operates the 5,060 km2 concession, located in Upper Egypt near Beni Suef. The first exploration well, NBS-1X, was drilled to a depth of 8,185 ft MD after a successful drilling campaign with a 1,500 hp […]
TAG Oil achieves first production in Badr oil field in Egypt’s Western Desert
TAG Oil has announced the successful re-entry of the vertical well, BED 1-7, at the Badr Oil Field (‘BED-1’) in the Western Desert, Egypt. The Company perforated the Abu Roash ‘F’ formation (‘ARF Formation’) and conducted a Diagnostic Fracture Injectivity Test (DFIT). The reservoir was further fracture stimulated with a large 110 tons sand treatment and pump schedule with positive […]
Tag Oil provides operations update on Egypt’s Badr unconventional heavy oil field
Tag Oil provides update on operations at the unconventional heavy oil Abu Roash ‘F’ (ARF) formation in the Badr oil field.TAG Oil has provided an operations update as the Company initiates Phase 1 of its strategic development program of the unconventional Abu Roash ‘F’ (‘ARF’) reservoir in the Badr oil field (‘BED-1’) over the first half […]
United Oil and Gas commences drilling of ASH-4 well at Abu Sennan, Egypt
AIM-listed United Oil & Gas has announced the commencement of drilling at the ASH-4 development well location and an update on the Al Jahraa-14 (‘AJ-14’) 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. Summary The fourth well in the 2022 Abu Sennan programme, ASH-4, has […]
United Oil & Gas announces spudding of AJ-14 well in Abu Sennan licence, Egypt
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 […]
TransGlobe Energy announces its Egypt operations update
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 […]
Eni announces three new discoveries in the Western Desert of Egypt
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 […]
IPR Completes Transaction with Pharos for Western Desert Assets Acquisition
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 […]
United Oil & Gas provides Abu Sennan ASD-2 well update
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 […]
Capricorn Energy announces full year results for the year ended 31 December 2021
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 […]
