SDX Energy confirms significant gas found in Egypt

SDX Energy Inc., the North Africa focused oil and gas company, announced Friday the positive results of the well test conducted on the Ibn Yunus 1X well, following the recent conventional natural gas discovery at Egypt’s South Disouq.

The Ibn Yunus 1X well was drilled to a TD of 9,608 ft, and encountered 100.8 ft of net conventional natural gas pay in the Abu Madi horizon, which had an average porosity in the pay section of 28.5 percent.

Well test operations have now commenced and the well has successfully flowed natural gas at a stabilized rate of 39.3 MMscfd on a 32/64-in. choke. This flowrate exceeded initial expectations and was limited by the surface facilities put in place to test the well. The well has now been shut in for an initial build-up after which a series of additional flowing periods will be conducted and fluid samples taken.

Working with its partners, SDX seeks now to bring the discovery into commercial production prior to year-end 2018.

Source: World Oil