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SDX Energy

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About

SDX is an international oil and gas exploration, production and development company, headquartered in London with a principal focus on MENA. In Egypt, SDX has a working interest in four producing assets: a 55% operated interest in the South Disouq gas field in the Nile Delta, a 50% non-operated interest in each of the North West Gemsa and West Gharib concessions, which are located onshore in the Eastern Desert, adjacent to the Gulf of Suez, and a 12.75% non-operated interest in the South Ramadan concession offshore Gulf of Suez. In Morocco, SDX has a 75% working interest in five development/production concessions, all situated in the Gharb Basin. The producing assets in Morocco are characterized by attractive gas prices and exceptionally low operating costs. SDX has a strong weighting of fixed price gas assets in its portfolio with low operating costs and attractive margins throughout, providing resilience in a low commodity price environment. SDX's portfolio also includes high impact exploration opportunities in both Egypt and Morocco.

Editor's note: Updated July 8, 2020.

News

Best of This Week’s Drilling Activity Highlights (July 31, 2020)

An Alaskan North Slope oil discovery by Oil Search plus plans for deep, unconventional gas exploratory wells in Saudi Arabia’s Rub al-Khali region top this week’s drilling activity highlights from around the world.

E&P: July 2020 International Drilling Activity Highlights

Check out the latest oil and gas drilling activity highlights from around the world featured in the July issue of E&P including two significant oil discoveries offshore Mexico and Chesapeake Energy Marcellus Shale completions in Pennsylvania’s Susquehanna County.

SDX Energy Makes Commercial Gas Discovery in Egypt

The company estimates the well, which was drilled to a measured depth of 7,245 feet, encountered about 24 billion cubic feet equivalent of recoverable gas and condensate resources.