Apache reveals Egypt discoveries

US independent Apache has applied for two new development leases in Egypt after striking a couple of discoveries in two different concessions.

The explorer hit 87 feet of net pay at the Apries-1X well on the Khalda Offset concession in the Shushan basin, it said on Thursday.

The well, drilled and completed at a cost of $5 million, tested 4389 barrels of oil per day and 14.2 million cubic feet per day from the Paleozoic Basur sand.

The NTRK-H-1X well on the North Tarek concession in the Matruh basin hit 60 feet of fracture-stimulated Jurassic Lower Safa pay.

The deep-gas condensate well, which cost $7 million to drill and complete, tested at 20 MMcfd of gas and 250 bpd of condensate.

The Khalda Petroleum joint venture also drilled the NRQ-8X well to appraise the NRQ 3151-1X discovery, hitting 98 feet of net pay in the Jurassic Upper and Lower Safa formations. Testing is expected in this quarter.

Apache also said the first well of a multi-well horizontal drilling program in the Western Desert – the AG-115H in the Abu Gharadig field – was drilled, completed and is currently producing.

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