VOL. XLVII

No 11

15-March-2004

EGYPT

Apache Qasr-3X Well In Egypt Confirms Gas, Condensate Reserve Estimates

Apache Corporation announced on 2 March that a test at its Qasr-3X well in Egypt had allowed the company to fully confirm original estimates of recoverable reserves in the range of 1-3 TCF of gas and 20-60mn barrels of condensates (MEES, 10 November 2003). According to Apache, the Qasr-3X well encountered 470ft of gross pay and 448ft of net pay in the Lower Safa with the same gas/water...