SDX Completes Drilling Campaign at SD-1X Well In Egypt

SDX Completes Drilling Campaign at SD-1X Well In Egypt

SDX Energy Incorporation, announced that drilling on the SD-1X well at its South Disouq concession in the Nile Delta area of Egypt has now reached its second target depth, according to the company’s Press Release .

Following the significant natural gas discovery in the upper Abu-Madi section, where the well encountered 65f  of net pay section with an average porosity of 25%, drilling continued with the SD-1X well which was subsequently targeting oil from the deeper Cretaceous horizons. The well has now been drilled to a total depth of 11,068f. Hydrocarbons were present in the deeper intervals, which indicates a working petroleum system within this section.

Additionally, the well confirmed both the presence and quality of the reservoir intervals within this section. However, there was not a sufficient amount of hydrocarbons present to justify completing this interval. The well will now be completed in the Abu-Madi, after which the rig will be released. A detailed testing program will be undertaken after the rig has been moved off location. The well has provided important new information about the Cretaceous horizons in this area, which will allow SDX and its partners to further explore its potential within the large 1,275 square km South Disouq concession.

“Whilst it is disappointing not to have made a second commercial discovery in SD-1X’s deeper target, evidence of a working petroleum system within this interval is extremely important to the prospectivity of the concession. The Cretaceous units are laterally extensive within the block and we have already identified several locations where this potential can be further tested. Meanwhile, we have an excellent gas discovery in our primary target, the Abu-Madi, and view the well results as a very significant success. Our objectives now are to test this upper interval and then get the field developed and on production in the shortest possible time frame”, SDX’ CEO, Paul Welch said.

Dr. Mahinaz El-Baz 318 Posts

Mahinaz El Baz received her PhD degree in International Economics from Helwan University in 2022. She has +10 years of experience in journalism and economic analysis. She received the "Best Economic Article Award" in 2016 from CFA Society Egypt.

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