Exploration: News for Oil & Gas and Hydrocarbon Industries  Membership Services »
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account
Products and vendors Services and providers Jobs

Kuwait Energy Makes New Oil Discovery in Gulf Of Suez

Source: www.gulfoilandgas.com 4/15/2012, Location: Africa

Share |

Kuwait Energy, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, operating Area A on behalf of the license holder Egyptian General Petroleum Corporation, announced a new exploration success with their West Ahmad-1X oil well, located in Area A in the Gulf of Suez, Egypt, adjacent to the Shukheir North West Field.

Kuwait Energy is the operator of the concession, in which it holds a 70% working interest. The remaining 30% interest is held by Petrogas E&P, of Oman.

The West Ahmad-1X well encountered oil in the Kareem formationand initial tests showed a production flow rate of 1,250 barrels of oil per day (bopd). This is the fourth exploration success in the Area A concession, and the 17th discovery in Egypt for Kuwait Energy since 2008.

Kuwait Energy Chief Operations Officer, Mohammad Alhowqal, said: This is another great success in a mature field that has been producing since 1960. Our new oil discoveries in Area A have significantly increased gross production in the area from 2,800 to 7,250 bopd since commencing operatorship in 2008. We look forward to continued success and to reaching the maximum potential of this field.

Egyptian operations contribute the largest share to Kuwait Energy’s current production. The 2011 production level excludes the four discoveries made in the Abu Sennan concession. Kuwait Energy is the operator of three assets in Egypt namely the Area A, Burg El Arab and Abu Sennan, and has working interest shares in two other non-operated assets: the Mesaha and East Ras Qattara concessions.

Exploration News in Egypt >>

Chariot Extends Block C-19 License Offshore Mauritania
  Mauritania >>  5/1/2015 - Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, provides an update on the C-19 block offshore Mauritania. ...
Sintana Energy Drilled Manati Blanco-1 Well
  United States >>  4/30/2015 - Sintana Energy Inc. is pleased to announce that Patriot Energy Sucursal Colombia ("Patriot"), wholly owned by the Company, has received notice that E...

Sterling Provides Update on Ntem Concession
  Cameroon >>  4/23/2015 - Sterling Energy Plc, the AIM listed oil and gas exploration company, provides the following update for the Ntem Concession, offshore Cameron. ...
BPZ Energy Provides Albacora Field Update
  Peru >>  4/22/2015 - BPZ Energy, an independent oil and gasexploration and production company, continues to operate underprovisions of Chapter 11 of the United States Bank...

India to Auction 69 Marginal Fields Owned by ONGC & Oil India
  India >>  4/21/2015 - India will soon auction 69 marginal oil and gas fields owned by state explorers Oil and Natural Gas Corp (ONGC) and Oil India Ltd, the country's oil s...
Increased Cooperation on Exploration in the Barents Sea
  Norway >>  4/21/2015 - Statoil, Eni Norge, Lundin Norway, OMV and GDF SUEZ will collaborate on solving operational tasks tied to exploration in the Barents Sea. ...



Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 |

More News

Oil & Gas Projects in Egypt >>

Oil & Gas Companies in Egypt >>

Related Links

Countries Quick Links

AO BJ CD CG CI CM DZ EG ET GA GH GN GQ KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO TD TN TZ UG ZA ZM
Gulf Oil and Gas B2B marketplace:   About -  Advertising -  Competitive Intelligence -  Talent Solutions -  Membership Services Follow us on Facebook
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us  Gulfoilandgas rss feed