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Tuesday, August 2, 2022
SDX Energy announced the spudding of the MSD-27 infill development well on July 21 at the Meseda Field, West Gharib concession, Egypt. MSD-27 is targeting the primary Asl Formation reservoir at around 3,900 feet MD (3,100 feet TVDSS) and is the sixth well in a fully-funded, 13 well development campaign on the Meseda and Rabul oil fields.
The finalization of drilling on the fifth well of the campaign, MSD-23, was announced on July 15 with completion and tie-in activities underway. Operations at the third well, MSD-20, are expected to recommence in the coming weeks following the replacement of a rig which had experienced operational issues.
The development drilling campaign is aimed at growing production to c.3,500 – 4,000 bpd by mid-2023.
Mark Reid, CEO of SDX, commented: “I am pleased to announce the spudding of MSD-27, the sixth well in the 13 well infill drilling campaign on the West Gharib Concession. The spudding of MSD-27 came only seven days after our announcement of drilling operations completing on the previous well drilled by this rig, MSD-23, and indicates the accelerated rate of drilling that we are now achieving. I look forward to updating the market further as the campaign progresses.”
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