Middle East Economic Survey


No 33



Apache Announces Two Discoveries In Egypts Faghur Basin

Houston-based Apache Corporation on 4 August announced that it had made two new crude oil and associated gas discoveries in the Faghur Basin in Egypts Western Desert. It reported that a test of the Jurassic Safa sand at the Faghur Deep-1X well flowed at a rate of 6,671 b/d of crude oil and 2.76mn cfd of natural gas. It added that the Neilos-1X well on the Neith South...