The discovery well of the newly found West Al Baraka field in southern Egypt’s Kom Ombo basin has averaged 120-250 b/d of light oil since being placed on extended test in December 2012, said Sea Dragon Energy Inc., Calgary.
Egypt’s Petroleum Ministry has granted a development lease, and as many as three more wells could be drilled after the development plan is approved. The discovery well, West Al Baraka-2, is shut-in awaiting replacement of a bottomhole pump.
Meanwhile, Al Baraka field, the other field on the Kom Ombo concession 1,000 km south of Cairo, is producing 500 b/d of oil.
Sea Dragon and Dana Gas, which hold 50% interest in the concession, plan $4 million in 2013 capital spending and expect production from existing wells to average 510 b/d.
