SDX Energy announces spudding of SD-5X well in Egypt’s South Disouq concession

By Energy Connects

Mar 08, 2022

SD-5X spudded on March 4 and is expected to reach total depth in approximately three weeks

If successful, SD-5X should be on production by the end of June 2022.

MENA-focused energy company SDX Energy announced on Monday the spudding of the SD-5X exploration well, targeting the Warda prospect in Egypt’s South Disouq development lease.

SD-5X spudded on March 4 and is expected to reach total depth in approximately three weeks, the company said. The primary target, which has already been encountered in the Ibn Yunus and Sobhi field reservoirs, is the basal Kafr El Sheikh sand at around 6,800ft TVDSS, it said. The well is targeting an estimated gross unrisked P50 EUR of 11bcf and has a 40 percent chance of success.

If successful, SD-5X should be on production by the end of June 2022.

According to SDX Energy, SD-5X is the first of three wells to be drilled in the South Disouq area during 2022. The second well in the campaign will be the SD-12 East well on the Sobhi Field, with a planned spud of mid-April. This will be followed by the MA-1X well (Mohsen) targeting an estimated gross unrisked P50 EUR of 21bcf. The Mohsen well is planned to spud mid-to-late May.

“I am pleased to announce the spudding of the first well in the South Disouq 2022 drilling campaign. This campaign will further explore and exploit the potential that we see in the South Disouq area and, if successful, could extend the production life of the asset by a further two to three years,” Mark Reid, CEO of SDX, said in a statement.

Last month, SDX Energy said it had completed drilling at the MSD-25 infill development well on the Meseda field in its West Gharib concession in Egypt.

That well encountered 84.8 feet of good-quality, net oil pay sandstone, with an average porosity of 26.1 percent in the Asl Formation reservoir. MSD-25 will now be tied-in to the existing facilities and flow tested, and it is expected to be in production later this month. “The logs from MSD-25 are encouraging, implying a 36 percent larger pay zone than in MSD-21 with porosity also being good at 26.1 percent,” Reid had said.

SDX has 50 percent working interest in the concession.

Oil & Gas Egypt Oil well SDX MENA