Energy
0

Eni Reports Oil Discovery in Egyptian Western Desert

Eni Reports Oil Discovery in Egyptian Western Desert
Eni Reports Oil Discovery in Egyptian Western Desert

Eni has announced an oil discovery on the A-2X exploration prospect in the South West Meleiha license, in the Egyptian Western Desert, some 103 kilometers north of the oasis of Siwa.

The well is the first one drilled by Eni to explore the deep geological sequences of Faghur Basin, World Oil reported.

The exploratory well, named SWM A-2X, has been drilled up to a depth of 5,090 meters and encountered 18 million barrels of light oil in the Paleozoic sandstones of Dessouky formation of Carboniferous age. The well has also encountered other hydrocarbon levels in the Alam El Bueib sandstones of Cretaceous age. It has been opened to production in the Dessouky sandstones and delivered 2,300 barrels per day of light oil (32° API) and 0.4 million standard cubic feet per day of associated gas.

The discovery on A-2X prospect is the result of a new exploration project designed to target the deep geological sequences of the Faghur Basin.

Following this discovery, which will require appraisal activities, Eni plans the drilling of other exploratory prospects located near the A2-X discovery that, in case of success, may open a new productive area in Egypt.

 

Add new comment

Read our comment policy before posting your viewpoints

Financialtribune.com