16/07/2018 6:14 am
Allister Thomas
London-listed SDX Energy has had a successful production test from an appraisal well in South Disouq, Egypt.
The SD-4X well flowed for two successive 12-hour periods at 5.4 and 8.6million standard cubic feet of gas (MMscfd) respectively.
It later had an extended 24-hour flow at 10.5MMscfd.
SDX has a 55% working interest and said the well gives it “additional confidence” to deliver a peak production rate of 50MMscfd in South Disouq.
President and CEO Paul Welch said: “We are very pleased to report another successful production test result, at our SD-4X appraisal well in South Disouq.
“We intend to connect this well to infrastructure located adjacent to our SD-1X discovery over the coming months.
“We are targeting a late Q4 2018 start-up of production in South Disouq and this well test result provides us with additional confidence to deliver on our planned plateau rate of 50 MMscfd of conventional natural gas.”
JUNE/19/2018
LONDON -- SDX Energy Inc., the North Africa focused oil and gas company, has announced that a gas discovery has been made at its SD-4X well in the South Disouq Concession, Egypt (SDX 55% working interest and operator).
The SD-4X well was drilled to a TD of 7,806 ft and encountered 89 ft of net conventional natural gas pay in the Abu Madi horizon, which had an average porosity in the pay section of 24%. The well came in on prognosis with a reservoir section of similar quality but thicker than the original SD-1X discovery well.
The well will be completed as a producer in the Abu Madi and then tested after the drilling rig has moved off location. The testing is anticipated to commence between 30 and 45 days after the rig departs, depending on the availability of testing equipment. Assuming a successful test, it is anticipated that the well will be connected to the infrastructure located adjacent to the original SD-1X discovery, where production start-up is anticipated late in fourth-quarter 2018. After completion, the rig will move to the SD-3X well which is the second of two appraisal locations included in the 2018 development program.
MAY/22/2018
LONDON -- SDX Energy Inc., the North Africa focused oil and gas company, announces that the Kelvin-1X exploration well at South Disouq, Egypt (SDX 55% working interest and operator) has been drilled to a TD of 8,075 ft, encountering 606 net ft of high-quality reservoir interval in the Abu‐Madi formation, with an average porosity of 21%. However, the sands had low gas saturation and were not deemed to be commercial.
The well will now be plugged and abandoned, and the rig will move to the site of the next drilling location on the South Disouq licence, the SD-4X appraisal well.
Following the April 2017 SD-1X discovery on South Disouq, SDX targeted two near-field prospects, Ibn Yunus, where the Company has recently announced a significant discovery, and Kelvin. The Kelvin-1X well was located structurally updip of the SD-1X discovery and thought to potentially be connected to the original SD-1X structure by a continuous gas bearing section. However, the identified layer appears to be separated from the original discovery and contains gas with non-commercial saturations. The Company is now focused on completing the development at SD-1X and bringing both discoveries on stream as quickly as possible, with first gas prior to year-end 2018.
