Khalda Petroleum Company has successfully completed drilling the Fox Deep-02 appraisal well, confirming the presence of oil-bearing layers in the Alam El Bueib and Alamein reservoirs. The oil-bearing section boasts a thickness of 110 feet. Initial tests on the Alam El Bueib layer alone revealed a production rate of approximately 2,600 barrels of crude oil per day.
Technical tests for the well are scheduled for completion
this June, followed by the installation of the artificial lift pump, in
preparation for production. Additionally, Khalda Petroleum Company completed
drilling the Tayim-W14 development well, targeting the Desouqy layer at the top
of the reservoir. Drilling revealed an oil-bearing layer up to 57 feet thick.
Initial tests on the Desouqy layer showed a production rate
of approximately 2,800 barrels of crude oil per day. This well is also expected
to begin production this June, after tests and pump installation are complete.
These promising results stem from the Ministry of Petroleum and Mineral Resources' ongoing efforts to develop discovered fields and expedite their connection to production. This strategy aims to enhance domestic energy market stability and reduce import costs.