Oil Discovery at Rabul 4 Well in Egypt



An oil discovery has been made at the Rabul 4 well in Egypt’s West Gharib Concession, SDX Energy Inc has revealed.

The well was drilled to a total depth of 5,250 feet and encountered approximately 43 feet of net heavy oil pay across the Yusr and Bakr formations. Further evaluation of the discovery is ongoing, after which SDX expects the well to be completed as a producer and connected to central processing facilities at Meseda.

Following completion of the Rabul 4 well SDX said it will move on to the Meseda field, where it will drill two development wells.

"We are pleased with the result at Rabul 4, which completes the initial development of the structure that we discovered in October of 2017,” Paul Welch, president and CEO of SDX, said in a company statement.

“The four successful wells drilled to date in the Rabul structure will contribute significantly to our production volumes in 2018. The Rabul 5 well was recently put on production, using an ESP completion, and came on at just over 2,000 barrels of oil per day from the Bakr sand,” he added.

“The development activity in the Rabul area has been both rapid and successful for SDX and our partners and we are now looking forward to drilling the two development locations in Meseda which we believe will also be significant contributors to our production growth in 2018,” Welch continued.



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