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Development success for Dana Petroleum and Zeitco


Published Jul 2, 2012
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Dana Petroleum in Egypt-2

Dana Petroleum has just completed two successful appraisal/development wells in the Gulf of Suez area, with Zeitco, our joint venture company.

Within the Lorcan development lease, Fin-2X spudded on 12 May and was drilled with the Sino Tharwa Tanmia 1 rig reaching a total depth of 9,712 feet in the Rudies Formation on 30 May 2012. The Kareem Rahmi sand interval was tested at a constrained rate of 2,220 bbls oil and 1,260 mmscf gas per day. This well encountered the thickest Rahmi reservoir to date in the North Zeit Bay concession, and was tied back into the Lorcan production facility on 24 June 2012.

Tags: Dana Petroleum



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