Africa's Oil, Gas and Energy News.
Full year 2022 key results: · Net Production, 3,723 boe/d (507 bbls/d and 19.3mmscf/d), marginally ahead of mid-point full year guidance of 3,480 – 3,795 boe/d. · EBITDAX of US$24.6 million and operating cash flow (before … Read More
United Oil & Gas has announced an update on the ASH-8 development well (ASH-8) in the Abu Sennan licence, onshore Egypt. United holds a 22% working interest in the licence, which … Read More
The NEA/NI development, located in shallow water, offshore Egypt, contains an estimated 39 mmboe[1] of 2P reserves (88% gas) with net working interest production expected to peak at 15 – 20 … Read More
Egypt – South Disouq · Average gross production of 38.5 MMscfe/d (2,720 boe/d net to SDX) for full year 2022. · The SD-5X well, drilled in Q2 2022, is on production and is … Read More
Highlights – 22 metres of net oil pay interpreted in the primary reservoir target – Following completion and testing, ASH-8 is expected to be immediately brought onstream through the existing ASH facilities … Read More
Reported fourth quarter 2022 production of approximately 18,175 working interest (“WI”) barrels of oil equivalent (“BOEPD”) or about 14,200 net revenue interest (“NRI”) BOEPD; Production was within VAALCO’s fourth quarter … Read More
Egypt, Abu Sennan licence (22% working interest) Full year 2022 production averaged 1,312 boepd net (1,137 bopd oil and 175 boepd gas), in line with revised production guidance of 1,300-1,325 … Read More
Stena Drilling has signed a new contract with BG Delta and BG International subsidiaries of Shell for the Mobile Offshore Drilling Unit (MODU) Stena Forth. The operations for Stena Forth in Egypt are due to commence in 2023 upon completion of … Read More
Eni announces a significant new gas discovery at the Nargis-1 exploration well located in Nargis Offshore Area Concession, in the Eastern Mediterranean Sea, offshore Egypt. The Nargis-1 well has encountered … Read More
Apex International Energy (Apex) today announced that it had acquired interests in four concessions in the Western Desert oil producing region of Egypt from IEOC Production B.V. (IEOC), a unit … Read More
