Apache Corporation reported that approval of seven new development leases in the Faghur Basin has enabled the company to add 5,200 barrels per day of new production in Egypt's Western Desert.

"Apache is pushing Jurassic, Cretaceous and Paleozoic plays farther south and westward in the Faghur Basin," said Tom Voytovich, Egypt Region vice president. "This significant expansion in development acreage in the Faghur Basin is the result of Apache's strong regional knowledge that enables our geoscientists to identify multi-pay targets as they develop new play concepts. This work has led to the discovery of five new Faghur fields over the last six months."

Neilos-2, Apache's latest Faghur Basin well, test-flowed 6,301 barrels of oil and 4.2 million cubic feet (MMcf) of gas per day. The well, one-half mile (0.8 km) north from the Neilos-1X discovery, was drilled to appraise the north flank of the Neilos Field and logged 33 feet of net pay in the Jurassic Safa reservoir.

Tags: Apache Corporation