SDX | Egypt Oil & Gas - Part 2

SDX Commences Drilling Campaign in South Disouq

SDX company announced the commencement of the South Disouq drilling campaign which comprising two wells during the next few months, according to a press release. The first well is the one-step development well which t...

Cabinet Approves Two E&P Draft Bills 

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

SDX Begins Morocco Drilling Operations

SDX Energy Plc has commenced the first phase that includes three wells, for its 2021 drilling campaign in Morocco that targets five wells over the year, according to SDX’s press release. In this regard, Mark Reid, CEO...

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 (PSA) for oil production from Meseda and Rabul oil fields in West Gharib concessi...

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

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 expl...

SDX Records 90% Production Increase in Nine Months

SDX company recorded an increase in its production by 90% during the first nine month of 2020 after reaching to 6,646 barrel of equivalent per day (bbloe/d) compared to 3,501 bbloe in the same period of 2019, accordin...

EGAS Approves SDX’s Two-Year Extension in Disouq

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

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, according to a statement....

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 a 97% increase compared to H1 2019, recording entitlement production of 6,980 barrels of oil equivalent per day (bbloe...

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 equivalent per day (mmscfe/d) for another 18-24 months until mid-2023 with the proba...

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