The company said that the core objective for this well is to appraise and bring into production the oil bearing Shagar and Rahmi sandstones of the Kareem formation.
In the Geyad-1X ST well, both zones were tested in May 2009 at a combined sustained rate of
2,809bopd and 3.04mmscf/d of gas from the Rahmi sandstones on a 64/64" choke and the well was put on production.
In Geyad-2 ST, the Shagar sands were tested at a sustained rate of 3,850bopd and 4.62mmscf/d of gas on a 48/64" choke and the well was put on production.
Secondary objectives of the Geyad 3-C well are to penetrate and evaluate the hydrocarbon potential of the overlying South Gharib and Belayim formations.
Following the drilling of Geyad-3C, a program of water injection wells will be drilled to support oil production in both the Al Amir SE and Geyad fields.
The NW Gemsa concession, containing the Al Amir and Geyad development leases, covering an area of over 260sq km, lies about 300km southeast of Cairo in a partially unexplored area of the Gulf of Suez Basin.
