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Flow starts from Arcadia field in Egypt

By OGJ editors
HOUSTON, Aug. 3
-- Oil production has begun from Arcadia field on the Meleiha Concession in the Western Desert of Egypt.

Eni SPA, the major interest holder, said the Arcadia-1X well went online only 45 days after discovering oil in the Lower Cretaceous Alam El Bueib formation. Production uses nearby Meleiha facilities. The well also tested gas in the deeper Jurassic Katatba formation.

Eni said the field will produce up to 3,000 boe/d after four more wells are drilled in 2010 and 2011.

The company holds a 56% participating interest in the concession through its wholly owned affiliate Ieoc. Other concession interests are Lukoil 24% and Mitsui 20%.

The Arcadia operator is Agiba, a joint operating company owned equally by Ieoc and Egypt General Petroleum Co.

Targeting deeper zones in the Western Desert and better appraisal of past discoveries, Eni has begun a 3D seismic survey on the concession focusing on deep Lower Cretaceous and Jurassic strata.


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