Apache plans further development for active Egyptian program

02/17/2014
Apache Corp. has applied for licenses to develop two recent discoveries in the Western Desert of Egypt, where drilling now includes horizontal wells targeting conventional and unconventional resources. The company said it expects approval this year for development leases for discoveries in the North Tarek and Khalda Offset concessions. In the Khalda Offset area, the Apries-1X well tested 4,389 b/d of oil and 14.2 MMcfd of gas from Paleozoic Basur sand in the Shushan basin. The $5-million well cut 87 ft of net pay in the Basur. The NTRK-H-1X well in the North Tarek area, which is in the Matruh basin, tested 20 MMcfd of gas and 250 b/d of condensate from 60 ft of fraced Jurassic Lower Safa ...
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