Apache finds gas with Jade-4 well in Egypt

Apache will complete the Jade-4 exploration well in Egypt's Western Desert as a gas and condensate producer.

Dec 4th, 2007

Uchenna Izundu
International Editor

LONDON, Dec. 4 -- Apache Corp., Houston, will complete the Jade-4 exploration well in Egypt's Western Desert as a gas and condensate producer after it flowed 23.8 MMcfd of gas and 2,107 b/d of condensate from the Jurassic Alam El Bueib-3G (AEB) formation.

Apache logged 234 ft of net pay in the AEB, which it described as one of the "most prolific reservoirs" in the greater Khalda concession. Jade-4 is adjacent to the Jade-1x discovery, which logged 217 ft of AEB pay and 66 ft in the Jurassic Upper Safa formation in March (OGJ Online, Apr. 3, 2007). "The discovery was completed as a gas producer from the Upper Safa after a test of 25.6 MMcfd of gas," Apache said.

It will carry out appraisal and development work next year along the Jade trend and will drill other prospects. After drilling three wells in Jade field along the Matruh Ridge, Apache has found hydrocarbons in four discrete reservoir intervals.

"The Jade-2x well is producing gas and condensate after testing over 20 MMcfd of gas from each of two AEB sands," Apache said. "In addition, oil pay was identified in another AEB sand behind casing in the Jade-1x and Jade-4."

G. Steven Farris, Apache president and chief executive officer said the Jade discovery "was one of several higher-risk, higher-reward exploration prospects we have developed across the 37 million acres we have assembled in [the company's] core growth regions of Australia, Canada, and Egypt."

Jade is in the quarter-million-acre Matruh concession in which it holds a 100% interest in the block.

Contact Uchenna Izundu at uchennai@pennwell.com.

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