The ASD-1X, in Egypt’s Abu Sennan, is a commercial discovery, United Oil & Gas reported, saying a second well had been spudded on May 2.
Operator Kuwait Energy Egypt has reported the ASD-1X as a commercial discovery to the Egyptian General Petroleum Corp. (EGPC). United has a 22% stake in the licence.
“Today’s announcement is yet another positive result from Abu Sennan, with the notice of a commercial discovery at ASD-1X, and it is very pleasing to see the application for a development lease being submitted,” said United CEO Brian Larkin.
“This will not only enhance production but will further increase the proven reserves on the licence.”
The ASD-1X tested the Lower Bahariya and Abu Roash C (ARC) reservoirs.
On constrained chokes, these flowed at 1,172 barrels of oil equivalent per day and 787 boepd respectively.
Both reservoirs flowed at more than United’s pre-drill expectations. This would be eighth development lease on the Abu Sennan licence. The company said production would begin shortly after...read more...