Egypt Sea Dragon-Dana to return Kom Ombo acreage

Sea Dragon Energy Inc., Calgary, and Dana Gas have fulfilled the work commitment for the Kom Ombo Block 2 concession 1,000 km south of Cairo, Egypt, and will surrender the balance of the area in January 2013.

The concession contains an 11,400 sq km exploratory area as well as Al Baraka field, averaging 535 b/d of light oil from multiple reservoirs.

The companies in 2012 drilled the AB-16 development well, completed as a Kom Ombo A producer, and the AB-17 development well as a dry hole. They recompleted the AB-11 well in the Six Hills F-1 formation after having suspended it in March 2011.

The Faris exploratory well was dry, and the West Al Baraka-2 exploratory well resulted in a new Abu Ballas oil discovery. The companies applied for a development lease for West Al Baraka-2, and once it has been approved will place the well on extended test to assist in preparing a development plan.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...