Kuwait Energy Company (KEC) has announced the discovery of a new oil well in the northern area of Burg El-Arab (BEA) field in the Egyptian western desert.
The newly discovered well, BEA N-1X, is located in a separate fault block in the northern part of the field. The well was production tested in December last year and produced an initial rate of 280 barrels of 33API oil per day with no water.
“The new discovery is another milestone for KEC’s exploration efforts in Egypt. We continue to work closely with the Egyptian government on development and exploration plans. We are proud of our Exploration and Operations team in Egypt and its high-quality technical expertise. This discovery is a result of their ongoing efforts,” said Sara Akbar, deputy chairman and CEO of KEC.
The firm made the discovery only two months after taking over operatorship of the field after it was transferred from Gharib Oil Fields.
