SDX Energy has successfully flowed dry natural gas in a well test conducted at its recent gas discovery at South Disouq, Egypt.
The flow rate exceeded initial expectations, and was limited by the surface facilities put in place to test the well.
SDX president and chief executive Paul Welch said: “Underpinned by the strong local gas demand, today’s news is highly positive and confirms the overall success of the recent SD-1X campaign.
“Not only do we have this excellent result in the upper Abu-Madi section, we also remain very upbeat about the oil potential in the deeper Cretacous horizon, where a working petroleum system was also discovered.”
The SD-1X well was drilled to a total depth of 7,777ft and encountered 82ft of net pay with an average porosity of 25% in the Abu-Madi section.
The well has now been shut in for an initial build-up, after which a series of additional fluid samples will be taken.
The results will be included in an early development plan proposal for discussion with partners, and the information will be released to the market over the summer.
The company is now aiming to bring the discovery in to commercial production as soon as possible.