Press

SDX Energy - Successful Production Test at SD-3X Well, Egypt

Posted by OilVoice Press - OilVoice

17-Aug-2018


SDX Energy Inc. (TSXV, AIM: SDX), the North Africa focused oil and gas company, is pleased to announce that a successful production test has been conducted at its SD-3X appraisal well at South Disouq, Egypt (SDX 55% working interest and operator).

The well flowed at a maximum rate of 16.1 MMscfd of conventional natural gas during an eight hour clean up period and was then shut in for eight hours, during which time no pressure decline was observed. Following this, by varying choke sizes, the well was flowed for two successive six-hour periods at average rates of 5.3 MMscfd and 8.4 MMscfd respectively and one extended flow period of 12-hours at an average rate of 10.5 MMscfd.

The SD-3X well was subsequently shut in for a pressure build-up of 96 hours, which is currently on-going. At completion of the build-up, the downhole pressure gauges will be retrieved and the well suspended prior to being connected to the local production facilities. During testing a total of 12.02 MMscf of conventional natural gas was produced.  

Paul Welch, President and CEO of SDX, commented:

"We are very pleased with the test results of the SD-3X well as it exceeded our expectations. The well is located the furthest down dip on the structure and had the least amount of pay when compared to the two offset wells. We therefore limited both the test duration and peak rates to ensure that no damage was done to the well whilst testing it. The well performed in line with the offsets even with the reduced pay section. We are now very confident that we can achieve the peak rates at the planned facility at South Disouq of 60MMscfd of conventional natural gas with our current well stock.  We intend to connect this well to infrastructure located adjacent to our SD-1X discovery over the coming months.  We are targeting a late Q4 2018 start-up of production in South Disouq. 

The rest of our portfolio of assets continues to perform well and I look forward to updating our shareholders on all of our activity when we release our Q2 results on August 28, 2018.”

SDX EnergyEgyptProductionwellAIMTSXVSouth Diqouq

More items from oilvoice


Gazprom: TurkStream Gas Pipeline’s Offshore Section Completed

Today, the Pioneering Spirit pipelaying vessel completed the construction of the offshore section of the  TurkStream  gas pipeline in the Black Sea. Pioneering Spirit pipelaying vessel Enlarged photo (JPG, 4.5 MB) The command to weld the final joint of the gas pipeline's second string ...

OilVoice Press - OilVoice


Posted 6 hours agoPress > GazprompipelineOffshore +3

NPD: Production Figures October 2018

Preliminary production figures for October 2018 show an average daily production of 1 874 000 barrels of oil, NGL and condensate, which is an increase of 271 000 barrels per day compared to September. Total gas sales were 10.6 billion Sm 3 (GSm 3 ), which is an increase of 1.6 GSM 3 from the pr ...

OilVoice Press - OilVoice


Posted 6 hours agoPress > NPDProduction FiguresProduction +2

Equinor is Ready to Invest in Tropical Forest Protection

  Equinor wants to help develop a robust market for private sector, ensuring responsible environmental and social protection of tropical forest. (Photo: Isabella Jusková on Unsplash) Equinor is ready to invest in the protection of tropical forest as soon as a well functioning ...

OilVoice Press - OilVoice


Posted 6 hours agoPress > EquinorEquinor Energy

TMK Announces 3Q and 9M 2018 IFRS Results

PAO TMK (“TMK” or “the Group”), one of the world's leading producers of tubular products for the oil and gas industry, today announces its interim consolidated IFRS financial results for the third quarter of 2018 and nine months ended September 30, 2018. 3Q and 9M 2018 Highlights Financial ...

OilVoice Press - OilVoice


Posted 1 day agoPress > TMKEarningsResults +2

PetroTal Announces Increased Production from Bretaña Field and Provides Operations Update

PetroTal Corp. (“ PetroTal ” or the “ Company ”) (TSX-V: TAL) is pleased to announce that it has successfully increased oil production from theBretaña Norte discovery well (the “Discovery Well” or the “Well”) at the Bretaña field in Block 95, Peru.  The Company is also pleased to provide a further ...

OilVoice Press - OilVoice


Posted 1 day agoPress > PetroTalProductionTSX-V +3
All posts from oilvoice