Gulf Oil and Gas accountACCOUNT

SDX Energy Confirms Significant Gas Discovery at Ibn Yunus-1X

Source: www.gulfoilandgas.com 5/18/2018, Location: Africa

Share |
SDX Energy Inc., the North Africa focused oil and gas company, has announced the positive results of the well test conducted on the Ibn Yunus 1X well following the recent conventional natural gas discovery at South Disouq, Egypt (SDX 55% working interest and operator).

The Ibn Yunus 1X well was drilled to a total depth of 9,608ft, and encountered 100.8 ft. of net conventional natural gas pay in the Abu Madi horizon, which had an average porosity in the pay section of 28.5%.

Well test operations have now commenced and the well has successfully flowed natural gas at a stabilised rate of 39.3 MMscf/d on a 32/64 choke. This flow rate exceeded initial expectations and was limited by the surface facilities put in place to test the well. The well has now been shut in for an initial build-up after which a series of additional flowing periods will be conducted and fluid samples taken.

Working with its partners, SDX will now aim to bring the discovery into commercial production prior to year end 2018.

Paul Welch, President and CEO of SDX, commented:

"The flow test from Ibn Yunus 1X is a very positive outcome which has exceeded our expectations and is a strong endorsement of the significant potential of the licence. We remain optimistic about further positive news flow as we move towards delivering first gas from the licence before the end of 2018. We look forward to updating shareholders on our progress at South Disouq over the coming months.

Exploration News in Egypt >>

Norway >>  6/8/2018 - Equinor and partners Lundin and Spirit Energy have struck oil in the PL 167 licence at the Utsira High in the North Sea. The discovery is currently es...
Mozambique >>  6/6/2018 - Wentworth, the Oslo Stock Exchange and AIM listed independent, East Africa-focused oil & gas company, is pleased to announce an update to the Company'...

Niger >>  6/6/2018 - Savannah Petroleum PLC, the British independent oil and gas company focused around oil and gas activities in Niger and Nigeria, is pleased to announce...
Kazakhstan >>  6/5/2018 - President of LUKOIL Vagit Alekperov and Chairman of the Management Board of the National Company KazMunayGas Sauat Mynbayev signed a Principles Agreem...

Lebanon >>  6/5/2018 - New ideas proposed in U.S. back-channel mediation of an Israeli-Lebanese maritime dispute over oil and gas exploration in the eastern Mediterranean ra...
Thailand >>  6/5/2018 - JV partner Tap Oil has provided an update on drilling of the Manora-8ST1 appraisal well at the Manora oil field in the G1/48 concession in the norther...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 |

Oil & Gas Projects in Egypt >>

More News

 

Oil & Gas Companies in Egypt >>


Related Links

Gulf Oil and Gas
Copyright Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.