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Source: www.gulfoilandgas.com 9/13/2010, Location: Africa
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Sea Dragon Energy Inc. is pleased to provide the following update on its Operations in Egypt. The Al Baraka #9 well was drilled to a total depth of 5,185 feet, logged and cased. Oil shows while drilling indicated oil pay in the Abu Ballas and Six Hills “F” Formations. The well is currently awaiting the arrival of the service rig to carry out completion and testing operations. The drilling rig will now move to drill the Al Baraka SE step out well, located some 4 km to the south towards the edge of the development lease.
Of the 8 wells drilled in the Al Baraka field to date, 4 have been selected for fracturing treatments. Once these stimulation operations are completed and Al Baraka SE and Al Baraka #11 are drilled, gross production from the field is expected to exceed 2,000 bopd, which will be over two fold increase from current levels.
The completion/workover rig has now been selected. Contract negotiations were completed and the rig is on the move to the Al Baraka field and is expected to be operational by the middle of September.
Seismic processing and interpretation of the recently acquired seismic program is currently underway with the view of potentially drilling an exploratory well before year-end.
Sea Dragon has a 50% working interest in jointly operated Kom Ombo Block with Dana Gas Egypt owning the remaining 50%.
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| Max Commenced UTS-8 Well in Kazakh Block A |
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Kazakhstan >> 6/10/2013 - Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the ...
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| SOCAR Drilling works for May 2013 |
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Azerbaijan >> 6/6/2013 - SOCAR (excluding Joint Ventures and Operating Companies) conducted 13075 meters drilling works in May 2013. Of this amount, development drilling made ...
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