TransGlobe Energy Corporation Announces Test Results For Oil Discovery In Egypt
As announced on November 8th, 2018, TransGlobe drilled the SGZ 6X exploration well to a total depth of 5,195 feet and cased the well as a potential Bahariya light oil discovery. Subsequently, the company tested three intervals in the Bahariya formation and tested a combined 3,840 barrels per day (bbl/d) of light oil from the upper and lower Bahariya.
The lower Bahariya formation flowed naturally at an average rate of 2,437 bbl/d of light (38 API) oil, 21 bbl/d of water and 1.4 million cubic feet of natural gas per day on a 40/64 inch choke from a 42 foot perforated interval. A total of 918 bbl of oil and 7 bbl of water were produced during the 10 hour test.