Eni Makes Oil Discovery in Egyptian Desert

Eni SpA has made an oil discovery on the A-2X exploration prospect, located in the South West Meleiha license in the Egyptian Western Desert.

The exploratory well, named SWM A-2X, was drilled to a total depth of 16,699 feet and encountered 59 feet of light oil in the Paleozoic sandstones of Dessouky Formation of Carboniferous age, according to Eni. The well also encountered other hydrocarbon levels in the Alam El Bueib sandstones of Cretaceous Age, the Italian energy giant said.

The well has already been opened to production in the Dessouky sandstones and was said to have delivered 2,300 barrels of light oil per day and 0.4 million cubic feet per day of associated gas. Further to the development of this discovery, Eni plans to drill other exploratory prospects located nearby A2-X.

Eni, through its subsidiary IEOC, holds a 100 percent stake in the South West Meleiha license. IEOC through its Operating Company AGIBA, which is equally held by IEOC and the Egyptian General Petroleum Corporation (EGPC), currently produces 55,000 barrels of oil equivalent per day from the Egyptian Western Desert.


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