Eni has made an oil discovery in the South West Meleiha Concession in the Egyptian Western Desert, the company said July 28.
Drilled in the Faghur Basin to a total depth of 15,800 feet, the SWM-A-6X well hit 130 feet of net oil pay in the Paleozoic sandstones of the Dessouky Formation, Eni said.
The well has been put onstream, producing 5,000 bbl/d, the company said.
The discovery is the result of Eni’s implementation of its near-field exploration strategy with AGIBA, a joint venture with the Egyptian General Petroleum Corp. The well is located in the South West Meleiha Concession, where production started about one year ago.
Eni said new discoveries in the concession have boosted production there to more than 12,000 bbl/d.
The disappointment at Hassa-1 comes after Exxon said in November its crude discovery at the Tanager-1 well in the Kaieteur block was not financially viable on its own.
The Winterfell ILX well, designed to test a subsalt Upper Miocene prospect in Green Canyon Block 944, hit about 26 m (85 ft) of net oil pay in two intervals, Kosmos said.
Check out the latest oil and gas drilling activity highlights across the U.S. featured in the November issue of E&P Plus including a Purple Sage Field-Wolfcamp well in New Mexico, a Haynesville Shale producer in Louisiana’s Sabine Parish and an Ascent Resources Utica Shale discovery.