Oil and gas independent Apache has uncovered a new discovery on its Ras El-Hekma Concession 18 miles northeast of the company's prolific Khalda Concession.
The well is Apache's 11th discovery in Egypt and 16th discovery worldwide this year. It is expected to be on production by year-end with gas and condensate going to the Tarek Field gas plant.
The Emerald-1X flowed at a rate of 4,285 barrels of condensate and 16.9 million cubic feet of gas per day on a one-inch choke with 1,311 pounds per square inch of flowing wellhead pressure.
The discovery logged a total of 218 feet of net pay in multiple Alem El Bueib (AEB) reservoirs. There were 184 feet of net pay in the AEB 5A, 5B and AEB 6 reservoirs with no observed water contact.
The Emerald-1X tested a 1,200-acre structure and perforated 34 net feet of pay in the AEB 6 sand in two intervals between 11,848 feet and 11,892 feet.
At shallower depths between 10,010 feet and 11,644 feet, the Emerald-1X logged 88 feet of gas/condensate pay in the AEB 5B sand and 19 feet of oil pay in the AEB 3E sand. The well was drilled to a total depth of 12,440 feet.
Apache is the operator with a 100 percent contractor interest. New 3-D seismic interpretation indicates the discovery has significant development and delineation potential, which Apache plans to test with a second well, the Emerald-2X.
Apache Corporation is a large oil and gas independent with operations in the United States, Canada, Egypt, Western Australia, China, Argentina and Poland. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
