TransGlobe Confirms Egypt's Eastern Desert Discovery

published:13/10/2019 10:09 GMT

In its recent operations update, TransGlobe Energy reported that the NWG 38D-1 exploration well drilled in Egypt’s Eastern Desert during Q2 was completed, perforated, and is currently producing oil to surface at a low rate, confirming the well as an oil discovery in the Red Bed formation. The company also said that NWG 38D-1 will require stimulation (similar to NWG 38A-1) in Q4 prior to putting into full production. Data recovered and analyzed from the well shows it to be in pressure...More