Apache Tests 1,067 b/d from Egypt Discovery

Apache Corp. said that the Zaina-2 well in Egypt's Western Desert tested 1,067 barrels of oil per day from 12 feet of oil pay in the Abu Roash G-10 sand. The Zaina field is located in the company's East Bahariya Concession, which Apache operates with a 100 percent contractor interest.

The field discovery well, Zaina-1, tested 1,165 barrels of oil per day in July 2005 from 55 feet of oil pay in the Upper Bahariya sand. The Abu Roash G-10 sand is a new producing zone in the field. The Abu Roash G-10 and G-20 sands, with 39 feet of indicated oil pay, are behind-pipe recompletion targets for Zaina-1, which is currently producing 560 barrels of oil per day.

Apache acquired a 50 percent contractor interest in the East Bahariya Concession in 1997, and became operator with a 100 percent contractor interest in 2001. Earlier that year, Apache and Repsol made the first discovery on the concession, the Karama-1X. The concession has produced 21 million barrels of oil since Apache commenced operations, with current volumes flowing at the rate of 18,500 barrels per day. The company plans to drill 39 development wells there this year.

Apache Corporation is a large oil and gas independent with operations in the United States, Canada, the UK North Sea, Egypt, Australia and Argentina.

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