Egypt’s Ministry of Petroleum and Mineral Resources has announced that Khalda Petroleum Company is set to bring two new oil wells online later this month, with an estimated initial combined production of 5,400 barrels of crude oil per day.
In a statement, the ministry highlighted that this initiative is part of its ongoing efforts to expedite the connection of newly discovered oil fields to production lines.
This development aims to stabilize Egypt’s local energy market and reduce reliance on imported oil.
Read more: Egypt announces new oil discovery in Western Desert with daily yield of 7,165 barrels
Fox Deep-02 well drilling completed
Khalda has completed drilling operations for the Fox Deep-02 appraisal well, which revealed oil-bearing layers in both the Alam El-Bueib and Alamein reservoirs, with the oil-bearing layer reaching a thickness of 110 feet.
Initial test results from the Alam El-Bueib layer indicated a production rate of nearly 2,600 bbl/d of crude oil. The technical tests and installation of an artificial lift pump are scheduled to be finalized this month, preparing the well for production.
Additionally, Khalda has completed drilling operations for the Tayim-W14 development well, targeting the Dessouky layer in the upper part of the reservoir.
Results from this well revealed an oil-bearing layer with a thickness of 57 feet, with preliminary test results showing a production rate of approximately 2,800 bbl/d of crude oil. This well is expected to be put into production in June following the completion of tests and pump installation.
