Kuwait Energy has tested the ASH-3 well in Egypt at 6,379 barrels per day of oil and 6.7 million cubic feet per day of gas.
United Oil & Gas, which has a 22% stake in the Abu Sennan licence, noted this was 7,720 barrels of oil equivalent per day, or 1,700 boepd net.
Using a reduced choke, which United said would be more representative of normal production, it flowed at 3,561 bpd of oil and 2.9 mmcf per day of gas. This is equivalent to 4,140 boepd gross, or 910 boepd net.
United produced 2,190 boepd in 2020. At the beginning of the month, it said it expected output of 2,300-2,500 boepd in the first half of 2021.
Kuwait Energy should bring the well into production in the coming days.
United CEO Brian Larkin said the ASH field “continues to out-perform our estimates”. The ASH-3 was “another excellent drilling result that demonstrates its significant growth potential. This result is a very positive development for the Abu Sennan partnership as a whole”.
Abu Sennan gross production averaged 10,500 boepd in January.
ASH-3 was a step-out development well. Kuwait Energy spudded the well on January 4 and reached total depth of 4,087 metres on February 8.
Next up, the operator will move the EDC-50 rig to the north of the licence. This is close to the Al Jahraa field.
It will drill the ASD-1X exploration well, which is targeting the Abu Roash reservoirs. Should it continue to be successful, the well can be brought into production quickly, United said.
“We look forward to the spudding of the forthcoming exploration well and the remainder of our 2021 work programme,” said Larkin.