Apache pay day in Egypt

Egyptian find: for Apache

Steve Marshall

 04 March 2013 14:34 GMT

US independent Apache has made a discovery on the northern flank of its Khalda Ridge producing complex with the first probe of a multi-well exploration campaign aimed at proving up further finds.

The Amoun NE-1X well tested at a combined rate of 3186 barrels per day of oil and condensate and 11 million cubic feet per day of gas from two zones in a Jurassic reservoir in upper and lower Safa formations.

The well, drilled about 3.5 kilometres east of the Shams field to a total depth of more than 14,000 feet on the Khalda development lease, struck a total of 151 feet of pay in both zones.

Apache said the find “confirms significant additional exploration drilling potential in a prolific producing area in the…

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