The Dana operated Lorcan-1x well, in the North Zeit Bay production concession, onshore Gulf of Suez in Egypt, was drilled to a total depth (TD) of 7,500ft. The company said that it found good quality oil bearing sands in the Kareem formation in line with Dana’s prognosis prior to drilling. Dana holds a 100% interest in the concession.

During the drill stem test, the well flowed with downhole pressures delivering flow rates of up to 4,714 barrels of oil per day. Dana is already in discussion with the Egyptian General Petroleum Corporation (EGPC) in order to achieve early production from the Lorcan oil field. The rig is being retained by Dana and has been moved to drill the Fin-1x exploration well, which has now spudded.

Secondly, Dana reports the successful drilling and testing of the Fayoum-2x well in the East Beni Suef concession, onshore Egypt (Dana 50%). Oil was discovered in the Upper Bahariya formation, with net pay of 64ft, and in the A/R G-20 sands, with net pay of 10ft. Test data indicates that the well should be capable of flowing at oil rates of approximately 600boepd.

Elsewhere in Egypt, drilling operations have now been completed on the Bamboo well, offshore Nile Delta (Dana 50%) having reached the planned TD of approximately 12,533ft. Significant good quality sands were encountered in the primary target, however petro-physical interpretation of the logs acquired across the reservoir interval indicates that these sands are water bearing, the company said.

Drilling operations have been completed on the Monkwell well, 42/29a-10, in the UK Southern North Sea, having reached planned TD of 9,473ft. The target Lower Leman Sandstone reservoir was encountered some 200ft deep to prognosis.