TransGlobe Energy Corporation started testing three intervals in its Bahariya formation, which showed 3,840 barrels per day (b/d) of light oil from both the Bahariya and Lower Bahariya, Egypt Oil & Gas reports.
The company announced drilling the SGZ 6X exploration well with a total 5,195 feet-depth and defined it as a light oil discovery at Bahariya.
The lower Bahariya had a natural flow at an average of 2,437 b/d of light oil, 1.4 million standard cubic feet per day (mmscf/d) of natural gas and 21 b/d of water. Meanwhile, the middle Bahariya formation produces a small amount of formation water.
The upper Bahariya had a natural flow averaging at 1 mmscf/d of natural gas, 210 b/d of water, and 1,403 b/d of light oil.
“We are delighted that our perseverance in the Western Desert has been rewarded with a light oil discovery and very encouraging test rates. Once we have completed our planning we will be able to incorporate the development of this discovery into our 2019 plan, and provide updated capital and production guidance,” said Randy Neely, President of TransGlobe.
TransGlobe Energy Corporation is a Calgary-based, cash flow focused oil and gas exploration and development company whose current activities are concentrated in the Arab Republic of Egypt and Canada.