SDX hits gas with new Egyptian well

A map showing SDX's assets in Egypt
A map showing SDX's assets in Egypt

SDX Energy said today that it had struck gas with its SD-4X well in the South Disouq Concession, Egypt. 

The well, 55% owned and operated by SDX, will be completed and tested after the drilling rig has moved off location.

Testing is expected to take up to 45 days.

The well will be connected to the infrastructure located adjacent to the original SD-1X discovery, where production start-up is anticipated late in the fourth quarter of 2018.  

SDX chief executive Paul Welch said: “We are extremely encouraged by today’s result at South Disouq. We had anticipated a thickening of the pay section as we moved away from the crest of the structure, and this has now been confirmed. 

“We will now accelerate our development activity in the area. It’s our intent to establish production from both the South Disouq and Ibn Yunus areas before year end 2018.  These results demonstrate the significant potential we see in this area.”