SDX | Egypt Oil & Gas - Part 2

SDX Commences Drilling Campaign in South Disouq

SDX company announced the commencement of the drilling campaign in South Disouq which comprising two wells during the next few months.

Cabinet Approves Two E&P Draft Bills 

The Cabinet approved two bills licensing the Minister of Petroleum and Mineral Resources to contract with other parties on exploration and production (E&P) activities.

SDX Begins Morocco Drilling Operations

SDX Energy Plc has begun the first phase of three wells of its 2021 drilling campaign in Morocco, targeting five wells over the year, according to SDX’s press release.

Egypt Approves Extending SDX’s PSA of West Ghairb to 2031

SDX company announced that it has received the final approval from the Egyptian authorities to extend its Production Services Agreement for oil production from Meseda and Rabul oil fields in West Gharib concession ...

South Disouq SD-12X Produces First Natural Gas 6 Weeks Early

SDX Energy Company produced first natural gas at South Disouq SD-12X well in Egypt on 21 December 2020, six weeks ahead of schedule.

SDX Records 90% Production Increase in Nine Months

SDX company recorded increase in its production by 90% during the first nine month of fiscal year (FY) 2020 after reaching to 6,646 barrel of equivalent per day (boe/d) compared to 3,501 boe in the same period of ...

EGAS Approves SDX’s Two-Year Extension in Disouq

The Ministry of Petroleum and Mineral Resources represented by Egyptian Natural Gas Holding Company (EGAS) approved to extend the agreement of SDX company in South Disouq concession for two years.

SDX Exceeds Production Guidance for 2020

SDX recorded 50-51 million standard cubic feet equivalent per day (mmscfe/d) from its South Disouq concession by the end of September exceeding production guidance for 2020 of 47-49 mmscfe/d.

SDX H1 2020 Production Surge by 97% YoY

SDX’s South Disouq and West Gharib production in H1 2020 exceeded the company’s 2020 guidance with 6,980 barrels of oil equivalent per day (bbloe/d), noting a 97% increase than H1 2019.

SDX Expects Continuation of Plateau Production Rates

SDX Energy company said that gross plateau production at South Disouq is expected to be maintained at 50 million standard cubic feet per day (mmscf/d) for more 18-24 months until mid-2030 with the probability to b ...

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