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Thursday, April 7, 2022
TransGlobe Energy reports that it has continued to use the EDC-64 rig in its Eastern Desert drilling campaign in Egypt, managing to drill and case three additional development wells in K-Field, Arta Field and NWG-Field during the quarter.
The K-68 well, drilled at the end of 2021, was completed in the Asl-A reservoir in January as previously reported in the Company’s January 10, 2022, operations update. It is currently producing at a rate of 156 Bopd (heavy crude, field estimate).
K-67 was drilled to a total depth of 1,440 meters and was fully logged and evaluated. The well encountered an internally estimated 16 meters of net oil pay in the Asl-A and 17 meters of net oil pay in the Asl-B. The well was completed in the Asl-B and is currently on production at a rate of 174 Bopd (heavy crude, field estimate).
Arta-76 was drilled to a total depth of 1,074 meters and was fully logged and evaluated. The well encountered an internally estimated 12 meters of net oil pay in the Nukhul reservoir.
NWG-1E was drilled to a total depth of 1,219 meters and encountered 9 meters of oil pay in the Nukhul reservoir after being fully logged and evaluated.
Both Arta-76 and NWG-1E will be stimulated as part of a multi-well stimulation campaign in Q2, 2022, subsequent to which they will be put on production.
The K-71 well was drilled to a total depth of 1,448 meters and was fully logged and evaluated. The well encountered an internally estimated 19 meters of net oil pay in the Asl-A reservoir and 23 meters of net oil pay in the Asl-B reservoir. The well is currently being completed and will be put on production in April 2022.
Following K-71, the EDC-64 rig will move to the K-78 well.
The company is currently working to proactively mitigate potential supply chain issues brought about by the conflict in Ukraine and the resultant sanctions by engaging alternative materials suppliers. To date, TransGlobe’s operations have not been impacted by any material shortages.
At its Western Desert – South Ghazalat (100% WI) holding, following the cessation of natural flow of SGZ-6X well at South Ghazalat in December 2022 due to low reservoir pressure, a rigless artificial lift system was successfully deployed to restore production. On artificial lift, the lower Bahariya reservoir at SGZ-6X is currently producing at 88 Bopd of light crude oil with an 89% watercut (field estimate).
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