The fields contain total proved plus probable reserves of 58 Bcf of gas and 1.6 MMbbls of condensate and are currently producing at 22 MMcfpd of gas and 710 bpd of condensate. The production rate from the fields will increase to about 40 MMcfpd over the next four months when additional facilities capacity will become available at the South Batra plant. The North Dikirnis No.1 appraisal well was also brought on stream on April 13, 2009 through the West Dikirnis facilities and is producing about 5MMcfpd of gas and 150 bpd of condensate.
Production from the new developments, coupled with a strong contribution from the existing fields, has increased Melrose Resources’ Egyptian production at the end of May 2009 to 224 MMcfpd of gas equivalent (on a working interest basis). This comprised some 160 MMcfpd of gas and 10,700 bpd of oil and condensate.
United States
The East Texas Nunan No.1 exploration well was spudded on January 15, 2009 and reached a total depth of 12,005 feet. The well encountered gas shows in the Reklaw formation, which was penetrated at a depth of 11,602 feet, and open logs indicated a net pay interval of about 64 feet. Flow test data acquired from the well demonstrate that the formation has relatively low permeability and Melrose Resources is currently preparing to conduct a fracture stimulation treatment and further testing to ascertain whether commercial production rates can be established from the reservoir.
David Thomas, chief executive said, We are delighted to have brought our new developments in Egypt on stream ahead of schedule and to have achieved a new production record for Melrose in the country. It is also very pleasing to have recorded our second exploration success of the year and we will be fast-tracking South Khilala for development.
