Apache reports 7 discoveries in Egypt desert
Houston, August 4, 2013
US-based Apache Corporation has reported seven oil and gas discoveries across the company’s 9.7 million gross acres in Egypt’s Western Desert.
The discoveries include the Riviera SW-1X on the southern flank of the Abu Gharadig Basin and Narmer-1X, a trap separated from the Neilos oil field located five miles to the east.
"These seven discoveries are located in four different geologic basins and six different concessions," said Thomas M. Maher, Egypt Region vice president and general manager.
"The Faghur Basin yielded four of the discoveries with one each in the Shushan, Matruh and Abu Gharadig basins. All seven discoveries have been tested and Riviera SW-1X is already producing. Our exploration and development program in Egypt continues apace, with an average of 27 drilling rigs operating during the second quarter. "
Others include the Jade N-2X, located 1.5 miles to the northeast of the Jade field in the western Matruh Basin, the WKAL-T-1X and WKAL-N-3X within the West Kalabsha Concession in the Faghur Basin, the SIWA-R-1X located in the Siwa Concession in the Faghur Basin, the Buchis W-2X in the Buchis Development Lease on the north eastern margin of the Faghur Basin and the Falak NW-1X in the Khalda Development Lease on the northern flanks of the Shushan Basin.
Development lease applications have been submitted to the Egyptian General Petroleum Company (EGPC) for these future producers, said a statement. - TradeArabia News Service