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Development
The main development activities during Q4 2015 included the drilling of 8 development wells, in Oman. The table below
provides the status of the development wells at the end of Q4 2015:
Country
Basin/Area
Well
name
No.
of
Wells
Cost
Interest
Status at end Q4 2015
Q4 2014 Carry-over wells
Iraq
Siba
Siba-4
1
60%
Initial rate ~6000 bcpd @ 64/64’ choke, 28 MMScf/d after acid
job.
Egypt
Abu Sennan
Al Jahraa-4
1
78%
Initial rate 1,373 bopd, 1.1 MMscf/d, production restricted down
to 622 bopd , 0.4 MMscf/d; maximum rate 1,561 bopd, 1.4
MMscf/d (lifted with nitrogen); current rate (Al Jahraa-04 long
string) 151 bopd on 128/64’’ choke size, Al Jahraa-4 short string
513 bopd on 64/64’’ choke size.
Oman
Karim Small Fields
Ilham-P14,
SMP-103
2
15%
On production.
Q1 2015
Iraq
Siba
Siba-5
1
60%
Canceled the drilling (weak foundation).
Oman
Karim Small Fields
Various
9
15%
On production.
Q2 2015
Egypt
Abu Sennan
ASA-3
1
78%
Initial rate 588 bopd, 0.21 MMscf/d, production restricted down
to 513 bopd , 0.05 MMscf/d; maximum rate 1,047 bopd, 0.18
MMscf/d; current rate 345 bopd, 0.05 MMscfpd on 128/64’’
choke size.
Oman
Karim Small Fields
Various
11
15%
On production.
Q3 2015
Iraq
Siba
Siba-6
1
60%
Well was completed on December 30
th
2015 and tested
21MMscfd and 5,000bopd on full choke.
Egypt
Area A
Yusr-63
1
70%
Initial rate 44 bopd, high water cut.
SHNW-11
1
70%
Initial rate 470 bopd, 0.4 MMscf/d, production increased to
actual 589 bopd, 0.39 MMscf/d on 64/64’’ choke size, current
rate 521 bopd, 0.4 MMscfpd on 64/64’’ choke size.
BEA
BEA NW-2
1
100%
Initial rate 156 bopd, production increase to 254 bopd, 0.01
MMscf on 128/64’’ choke size, current rate 238 bopd.
BEA-19
1
100%
Initial rate 360 bopd, production increased to actual 441 bopd,
current rate 429 bopd.
Oman
Karim Small Fields
Various
12
15%
On production.
Q4 2015
Oman
Karim Small Fields
WRDM-K23,
GM-P1, JDR-
6H4ST, KM-
P3, Ilham-
P22, Gazarh-
6H1
5
15%
On production.
ILHAM-P22
and SIMSIM-
113H1
2
15%
Drilling.
Total wells spud (2015)
46