Exploration

Egypt: Kuwait Energy hits oil from the Al Jahraa SE-1X well on the Abu Sennan concession

Wednesday, 06 July 2016 09:24

Kuwait Energy has encountered oil in an onshore exploration well on the Abu Sennan concession located in the Western Desert in Egypt.

According to the company’s concession partner, Beach Energy, the Al Jahraa SE-1X well reached a total depth of 3361 metres in the Bahariya formation, about 6km south-east of the Al Jahraa-1 discovery well.

This well is to now be cased and completed following the intersection of around 16.4 metres of net pay within the target Abu Roash C Member, secondary Abu Roash E Member and secondary Upper Bahariya formation.

Beach Energy said that production testing of the well was currently in progress.

Kuwait Energy’s Egyptian oil production primarily comes from five areas. They include the Gulf of Suez, the Nile Delta, the Western Desert, the Eastern Desert and the Mediterranean Sea.

Since 2000, the Western Desert has appeared to be the key oil producing region and that is where most of the company’s fields are situated.

The company acquired the East Ras Qattara (ERQ) asset in 2008 with a 49.5% revenue interest, the Abu Sennan asset was obtained in 2007 with a 50% revenue interest while the Burg El Arab asset was secured in 2006, with a current revenue interest of 100%, all located in the Western Desert.

The Middle-East based oil company also has its Area A asset which was acquired in 2008 in the Eastern Desert with a 70% revenue interest. It is the operator in three of the four producing assets.

Kuwait Energy operates the Abu Sennan concession with a 50% interest and is partnered by Beach Energy with 22% and Dover with 28%, Upstream news reports.

Anita Fatunji

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.