Egypt's Abu Sennan partners hit pay
Kuwait Energy and its partners at the onshore Abu Sennan licence in Egypt have discovered a net oil pay at least 22 m in size at the ASD-1X well, project participant United Oil & Gas reported on April 6.
The pay was encountered across a number of reservoirs including the Abu Roash C, Abu Roah E, Lower Bahariya and Kharita formations, United said in a London stock exchange filing. The partner plan to test the well and if results are encouraging, they will apply to the Egyptian General Petroleum Corp for a development lease for the discovery.
"Today's announcement is another positive result from Abu Sennan, which, initial interpretations suggest, is in line with our pre-drill estimates," United CEO Brian Larkin commented. "A number of additional targets and leads have been identified within the Abu Sennan concession and the results of ASD-1X and other recent wells will better inform our understanding of the acreage. We will continue to work with our JV partners to prioritise these opportunities which can ultimately be brought into production in short time frames."
ASD-1X is the second well to be drilled in the 2021 Abu Sennan campaign. The first was the ASH-3 development well. The EDC-50 rig used to sink those two wells will now move to the Al Jahraa field to sink the AJ-8 development well.
Kuwait Energy has a 25% operating interest in Abu Sennan while United has 22%, Global Connect has 25% and Dover Investment has 28%.