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.
Recommended Reading
Early Startup of Trans Mountain Pipeline Expansion Surprises Analysts
2024-04-04 - Analysts had expected the Trans Mountain Pipeline expansion to commence operations in June but the company said the system will begin shipping crude on May 1.
TC Energy's Keystone Oil Pipeline Offline Due to Operational Issues, Sources Say
2024-03-07 - TC Energy's Keystone oil pipeline is offline due to operational issues, cutting off a major conduit of Canadian oil to the U.S.
Waha NatGas Prices Go Negative
2024-03-14 - An Enterprise Partners executive said conditions make for a strong LNG export market at an industry lunch on March 14.
Enbridge Fortifies Dominant Role in Corpus Christi Crude Transport
2024-03-20 - Colin Gruending, Enbridge executive vice president and president for liquids pipelines told Hart Energy the company’s holdings in South Texas are akin to a “catcher’s mitt” for Permian and Haynesville production.
Squashing Midstream: Lessons Learned as Sector Looks to Horizon
2024-04-08 - What does the next level look like for the midstream sector?