Eni Discovers Oil in Egypt’s Faghur Basin

Eni Discovers Oil in Egypt’s Faghur Basin

Eni has made a new oil discovery in the Faghur basin, located in the Western Desert, Egypt Oil & Gas reports.

The well is delivering an initial 2,300 barrels per day (b/d) of crude oil and 400,000 cubic feet per day (cf/d) of associated petroleum gas (APG).

The SWM A-2X was drilled at a total depth of 5,090 meters and found 18 meters of light oil in the Dessouky formation, the company announced.

The Faghur basin is located 103 km north of the Siwa Oasis in Egypt’s Western Desert.

Egyptian Minister of Petroleum Tarek El Molla said that the latest discovery demonstrates that new technologies and drilling methods are producing promising results.

The new discovery in Faghur will be linked to nearby infrastructure and crude will be shipped to El Hamra Terminal via existing pipelines.

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Sarah Samir 3569 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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