Eni announces oil discovery and production in Egypt

oil pump jack 1407715 640Supermajor Eni announced the successful drilling of the SWM-A-6X well in the South West Meleiha development and exploration concession in the Egyptian Western Desert, about 130 km north of Siwa Oasis

The well was drilled near existing prodcution facilities and is already connected to the production network.

South West Meleiha Concession production started in July 2019 and ramped up to 12,000 bopd in just one year, thanks to the contribution of new discoveries.

The SWM-A-6X well drilled in the Faghur Basin reached a total depth of 15,800 feet, and hit 130 feet of net oil pay in the Paleozoic Sandstones of the Dessouky Formation. The well is already on the stream, with daily production at 5,000 bopd.

Eni implements its near-field exploration strategy in the Egyptian Western Desert through AGIBA, a joint venture with the Egyptian General Petroleum Corporation (EGPC) quickly turning on production of the newly discovered resources.

Eni has been present in Egypt since 1954, where it is the largest producer. Eni’s current equity production is above 300,000 boepd.

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