SDX scores heavy oil strike

20 March 2017, Week 11, Issue 731

SDX Energy’s North African business is gathering pace, with a heavy oil discovery announced in Egypt on March 14 and a gas find in Morocco on March 9. 

The Rabul 5 well, in Egypt’s West Gharib concession, was drilled to 1,609 metres and found 46 metres of net heavy oil pay, in the Yusr and Bakr formations, with porosity averaging 18%. 

SDX said evaluation on the find was continuing and that it expected to complete the well as a producer, connected to the Meseda central processing facilities. Once this well has been completed, a second appraisal well, Rabul 4, will be drilled on the field. 

"We are pleased to continue our recent run of drilling success with this oil discovery at Rabul 5. This well encountered the thickest section of pay sands seen in the Rabul area to date, demonstrating the significant oil potential contained within the licence,” said SDX’s CEO, Paul Welch. “We have further drilling activity planned for the concession over the coming months and we firmly believe that these activities will enable us to increase output from the licence and achieve our ambitious production plans for 2018.”

SDX announced the Rabul 2 oil discovery in October 2017. This well found 31 metres of net heavy oil pay in the same two formations, with porosity of 20%. This was drilled as an offset to the Rabul 1 well, which was drilled in July 2017, and found 4.4 metres of heavy oil pay in the Yusr sands. 

In an operations update in mid-February, SDX said it had signed a contract with Sino-Tharwa Drilling for the ST-6 rig, to work on the Ibn Yunus-1X exploration well. This was due to be spudded in mid-March, on the South Disouq licence. This will be followed by two appraisal wells at the SD-1X find, before moving on to the Kelvin-1X exploration prospect. 

The Ibn Yunus-1X and Kelvin-1X wells are targeting up to 4.2 bcm of gas, the company said, and could be tied back to the SD-1X processing facility.

SDX had announced the SAH-2 well, in Morocco, shortly before. The well, drilled on the Sebou permit, reached a total depth of 1,304 metres, finding 5.2 metres of natural gas pay, with 33% average porosity. This was the fifth find, of seven wells drilled, in the Moroccan campaign. There are two more wells to drill, with LNB-1 next. 

Edited by

Ed Reed

Editor

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