SDX Energy spuds first of three South Disouq wells

SDX Energy PLC has spudded the SD-5X exploration well targeting the Warda prospect in South Disouq gas field in the Nile Delta.

The primary formation target, which has already been encountered in Ibn Yunus and Sobhi field reservoirs, is the basal Kafr El Sheikh sand at around 6,800 ft TVDSS. The well, expected to reach TD in about 3 weeks, is estimated to contain an gross unrisked P50 EUR of 11 bcf with a 40% chance of success. In a success case, the well will be tied-in to the CPF via the existing SD-4X flowline and should be on production by end June 2022.

SD-5X is the first of three wells to be drilled in South Disouq this year. The second, SD-12 East on Sobhi field, is expected to spud mid-April and will target an estimated gross unrisked P50 EUR of 7 bcf. That well will be followed by MA-1X (Mohsen), targeting an estimated gross unrisked P50 EUR of 21 bcf. Mohsen is planned to spud mid-to-late May.

SDX is operator of South Disouq (55%).