ABERDEEN, UK -- Dana Petroleum has struck oil with its latest well in the Gulf of Suez offshore Egypt.
The company drilled a deviated well from an onshore location into the Nefertiti prospect in the South October PSC, which Dana operates in partnership with Inpex.
Nefertiti-1X was drilled to 14,150 ft (4,313 m) MD, targeting a prospect in the Asl sands. It encountered 65 ft (19.8 m) TVD of oil-bearing sands.
The reservoir was moderately pressure depleted, and the flow test was completed using an electric submersible pump (ESP).
During the drillstem test, the well flowed at a stabilized rate of 1,544 b/d of fluid, with a gas/oil ratio of 279 cf/bbl. The maximum flow rate was constrained by the size of the ESP, which has been left in the well which was suspended for future use as a producer.
Dana expects to secure 3.9-6.5 MMbbl of reserves from the well. It will discuss development possibilities with state company EGPC.
Nefertiti flows oil in Gulf of Suez
Dana Petroleum has struck oil with its latest well in the Gulf of Suez offshore Egypt.