Middle East Economic Survey

VOL. LIII

No 34

23-Aug-2010

EGYPT

Apache Makes Two New Oil Discoveries In Western Desert

Apache Corporation on 18 August announced two new oil discoveries in Egypts Faghur Basin in the Western Desert and a positive appraisal of another well. Apache reported that the Pepi-1X well, drilled 10km south of the Phiops Field, flowed 4,216 b/d of crude oil and 4.9mn cfd of associated gas on test from a 68ft gross interval in the Lower Safa formation. The Buchis South-1X well,...