SDX Energy Inc. said the seismic acquisition program at its South Disouq asset onshore Nile Delta Egypt has been completed.
“The initial data set is of good quality and clearly indicates the presence of the prolific Abu Madi trend within the block,” SDX Energy said in a news release.
The program, which consisted of the acquisition of 300 sq km of 3-D data, was completed safely, under budget and ahead of the anticipated schedule, the company said.
SDX planned to immediately began data processing, which is expected to take three months to complete. The company intends to use the processed data to build a prospect inventory with a view to selecting a location for a fully carried exploration well, which is anticipated to be drilled in late 2016, the release said.
SDX has a 55% equity interest in the asset and is operator.
Recommended Reading
Bakken EOR Trial Increased Output by 25%
2023-01-10 - Liberty Resources' pilot project shows alternating produced gas with water/surfactant EOR mix boosts production and cuts costs in the Bakken Shale.
Innovation at Forefront of 2023 SPE HyFrac Conference
2023-02-03 - Engineers from different corporations gathered during the HFTC Plenary Session to discuss different approaches to fracking, including the benefits of fiber optics and geothermal fracking.
Raising the Bar for ROV Operator Performance by Lowering the Bar for Entry
2023-01-31 - Technology companies Greensea and Blue Ring’s partnership helps ROV operators become situationally aware without having to “context switch” from task to task.
Tieback Bounce-back: Subsea Market on the Rise
2023-02-07 - After an economic downturn and rough period with COVID-19, the market for subsea tiebacks looks to grow stronger than ever.
Testing the Waters: New Tech Aims to Clean Oilfield's Produced H2O
2023-01-23 - From nanoparticles to air bubbles, the University of Texas Permian Basin’s Texas Water and Energy Institute is analyzing data to potentially find a home for water produced during oil production.