Gulf of Suez well tests 1,700 b/d of light oil

By OGJ editors
HOUSTON, Dec. 8 -- National Petroleum Co., Cairo, said a new well in Shukheir Bay field in the Gulf of Suez about 125 km north of Hurghada, Egypt, has flowed 1,700 b/d of 41° gravity oil during tests.

The operator, Offshore Shukheir Petroleum Co., tested two intervals of the Miocene Kareem sandstone on a ½-in. choke. GOR was 750 scf/bbl.

Open hole logs indicated new potential in the Kareem formation with a total of 18 m of net sand with average porosity of 18% and water saturation of 26%, NPC said.

Further tests are planned to delineate reservoir size and volumes.

NPC expects the well to produce at an average rate of about 1,500 bo/d during the coming year.

Offshore Shukheir Petroleum is a joint venture of NPC unit Petzed Investment & Project Management Ltd. and Egyptian General Petroleum Co.