Eni has announced the discovery of new oil resources in
the Western Desert of Egypt with a new exploration well in the South West
Meleiha Concession. Production in the Concession started just one year ago and
is now in excess of 12,000 bopd.
According to Eni, it was successful drilling of the SWM-A-6X well, in the South
West Meleiha development and exploration concession located in the Egyptian
Western Desert, some 130 km North of the of Siwa Oasis. The new well has been
drilled close to existing production facilities and is already connected to the
production network.
The production from South West Meleiha Concession began in July 2019 and in
just one year ramped up to 12,000 bopd thanks to the contribution of new
discoveries.
The SWM-A-6X well, drilled in the Faghur basin, reached a total depth of 15,800
feet and hit 130 feet of net oil pay in the Paleozoic sandstones of the
Dessouky Formation. The well is already on stream with a daily production of
5,000 bopd.
Eni is successfully implementing its near-field exploration strategy in the
Egyptian Western Desert through AGIBA, a Joint Venture with the Egyptian
General Petroleum Corporation (EGPC) quickly turning on production of the newly
discovered resources.
Eni has been present in Egypt since 1954, where it is the largest producer.
Eni’s current equity production is above 300,000 barrels of oil equivalent per
day.
