SDX Energy produced first natural gas at South Disouq SD-12X well in Egypt on 21 December 2020, six weeks ahead of schedule.
The company’s first natural gas production is the following success of the SD-12X exploration well in Q2 2020, a commercial discovery in the Kafr el Sheikh formation.
The CEO of SDX, Mark Reid, stated that “I am very pleased to be able to announce a strong end to 2020 and a promising start to 2021 with our SD-12X (Sobhi) well, where we have 100% entitlement interest, coming on stream six weeks ahead of schedule.”
Additionally, the company evaluates that SD-12X has recoverable resources of approximately 24 billion cubic feet (bcf) and can generate at a rate up to 10-12.5 million standard cubic feet of gas per day (mmscf/d). The well is currently producing around 5-7 mmscf/d. SDX has 100% working interest from this well production.
As per statement, the South Disouq 12 month production concession ended at 31 December 2020 reaching 49.5 million standard cubic feet of gas equivalent per day (mmscfe/d), while West Gharib reached 3,285 barrels per day (bbl/d).