Khalda Petroleum Company, operating in Egypt’s Western Desert, announced a new oil discovery in a statement on August 27, specifically in the West Fewebs-1 area of the Kalabsha Development Area. The company reported that the new well was tested by drilling 270 feet into Paleozoic sandstone, which are rock layers that date back to the Paleozoic era, roughly 541 to 252 million years ago. The well produced 7,165 barrels of high-quality oil per day with a quality grade of 44 degrees, along with a volume of 23 million cubic feet of natural gas, using a 1-inch production choke to control the flow. The electric logs of the well, which measure rock properties, confirmed the presence of petroleum in the ancient Paleozoic formation, with a total net thickness of 462 feet. Media sources reported, according to France24, that the exploration is part of a broader government initiative, in partnership with foreign and local companies, to address growing domestic demand by boosting production. Part of the broader efforts includes creating incentives to raise production levels, expand exploratory and developmental drilling activities, and enhance overall production operations. Efforts to Boost Production Egypt plans…
New Oil Find in Western Desert Enhances Egypt’s Production Capabilities
August 28, 2024
By Nadine Tag
Journalist
