ASH-3 well on EDC-50 in Abu Sanan Field on 22-February-2021

UOG announced a much-anticipated update on the testing of the ASH-3 development well in the Abu Sennan concession, onshore Egypt.

The Company holds a 22% non-operating interest in Abu Sennan, which is operated by Kuwait Energy Egypt.

The ASH-3 development well, a step-out development well in the ASH Field, spudded on 4 January, and reached a total depth (TD) of 4,087m MD (3,918m TVDSS) on 8 February, ahead of schedule and under budget.

Logging indicates a gross hydrocarbon column of 59m in the primary AEB reservoir target, 27.5m of which is estimated to be net pay.

"ASH-3 was successfully tested from the targeted AEB Formation, and preliminary results indicate maximum flow rates of 6,379bopd and 6.7MMscf/d (c. 7,720boepd gross; 1,700boepd net working interest) on a 64/64" choke. Rates of 3,561bopd and 2.9MMscf/d (c. 4,140boepd gross; 910boepd net working interest) were achieved on a reduced 30/64" choke, and in line with prudent reservoir management, these rates are expected to be more representative of the sustainable flow levels that will be achieved when the well is brought onstream through the existing ASH facilities."Ahmed AbdElshafy Saudi, well test engineer, Pico, told Petroleum Today.

The ED-50 rig will now move to the north of the Licence, close to the producing Al Jahraa field to commence the drilling of the ASD-1X exploration well.

This well is targeting the Abu Roash reservoirs in the Prospect D structure and, if successful, can quickly be brought into production.