SDX Announced Successful SD-1X Well Test at South Disouq

SDX Announced Successful SD-1X Well Test at South Disouq

SDX Energy Incorporation announced the results of the well test conducted on the SD-1X well following the recent natural gas discovery at South Disouq, Egypt, where the Company has a 55% operated working interest, according to SDX’s press release.

The SD-1X well was drilled to a total depth of 7,777f, and encountered 82f  of net pay with an average porosity of 25% in the Abu-Madi section.Well test operations have now commenced and the well has successfully flowed dry natural gas at a stabilized rate of 25.8 MMscf/d on a 48/64” choke.

This flow rate exceeded initial expectations and was limited by the surface facilities put in place to test the well. The well has now been shut in for an initial build-up after which a series of additional flowing periods will be conducted and fluid samples taken. The results from the well testing program will be integrated into the on-going reserve evaluation work. Working with its partners, SDX will now aim to bring the discovery into commercial production as soon as possible.

SDX’ President and CEO, Paul Welch, said ” The news is highly positive and confirms the overall success of the recent SD-1X campaign. Not only do we have this excellent result in the upper Abu Madi section, we also remain very upbeat about the oil potential in the deeper Cretaceous horizon, where a working petroleum system was also discovered.”

“Whilst the work of bringing the gas discovery into production is our primary focus, we are also planning for further drilling in the lower Cretaceous age horizons where we see additional potential. South Disouq remains, however, one strand in the SDX story. Concurrently, we are extremely active across the rest of our North Africa portfolio, which will include development and exploration drilling in Morocco in the next quarter. We look forward to providing further updates over the coming months”, he added.

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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