Eni has made an oil discovery in the South West Meleiha Concession in the Egyptian Western Desert, the company said July 28.
Drilled in the Faghur Basin to a total depth of 15,800 feet, the SWM-A-6X well hit 130 feet of net oil pay in the Paleozoic sandstones of the Dessouky Formation, Eni said.
The well has been put onstream, producing 5,000 bbl/d, the company said.
The discovery is the result of Eni’s implementation of its near-field exploration strategy with AGIBA, a joint venture with the Egyptian General Petroleum Corp. The well is located in the South West Meleiha Concession, where production started about one year ago.
Eni said new discoveries in the concession have boosted production there to more than 12,000 bbl/d.
Recommended Reading
Former IPAA Chair Steven Hinchman Dies at 66
2025-01-03 - During his time with IPAA, Steven Hinchman founded Scala Energy and became its president and CEO.
Vantage Drilling Names Williams Thomson as New COO
2024-12-31 - Thomson is currently Vantage’s chief commercial officer and CTO and has served the company since 2008.
Baker Hughes Wins Contracts for Woodside’s Louisiana LNG Project
2024-12-30 - Bechtel has ordered gas technology equipment from Baker Hughes for the first phase of Woodside Energy Group’s Louisiana LNG development.
Berry Closes Debt Refinancing to Uphold Growth Commitments
2024-12-26 - Berry Corp. closed a debt refinancing agreement to continue its corporate strategy of promoting scale and diversification.
Venture Global LNG Files Paperwork for IPO
2024-12-20 - Venture Global LNG filed initial paperwork for an IPO on Dec. 20, about a week after the company’s Plaquemines LNG facility started production.