Two recent hydrocarbon discoveries highlight the potential in Egypt’s Western Desert, according to Apache.
The company has 6.8million gross acres in the region.
Khalda Petroleum Company, the Apache-operated joint venture with the Egyptian General Petroleum Company, uncovered both of the discoveries.
The Herunefer-1X discovery is located in the Matruh Basin in the eastern portion of the Khalda Offset Concession.
Tests from the site intervals resulted in a combined rate of 49 million cubic feet (MMcf) of gas and 7,700 barrels of condensate per day.
“Herunefer-1X is the first of a series of exploration wells planned for the Matruh Basin area this year,” said Thomas M. Maher, Apache Egypt Region vice president.
“The basin remains an attractive focus area for exploration and development and has been relatively under-explored. We have identified a number of untested structural features, and trends have been mapped and identified, with the potential for stacked targets and high-condensate-yield gas objectives.”
The BAT-1X discovery, located in the northern Shushan Basin in the Khepri-Sethos Development Lease, tested at a rate of 31 MMcf of gas and 390 barrels of condensate per day.
The two wells will cost an estimated $11.25million to drill and complete.