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CHAPTER TWO
Developments of Energy Resourrces
E.ON E&P has also made an oil and gas discovery in the “Rhourde
Yacoub” license area in Algeria. E.ON has successfully completed the
drilling and testing of the 7
th
exploration well in block 405a and found
oil and gas in the NEY-1 well. The Rhourde Yacoub license is located
in the eastern Algerian Sahara, around 250 km south- east of Hassi
Messaoud
i
. The Rhourde Yacoub license is operated by E.ON E&P
with an equity share of 49%. Sonatrach holds the majority of 51%.
In
Saudi Arabia
, Saudi Aramco has discovered a new feasible gas
field in the Red Sea, a test of the “Al-Shoor” well, 26 km northwest
of Dhuba port, flowed 10 million cubic feet per day of gas from a
depth of 5,395 m, and 5.2 million cubic feet per day from another
test at a depth of 5,265 m. The new discovery will be developed for
power generation in the northwestern part of the kingdom.
Saudi Aramco plans to produce the gas in 2013 fromMidyan Field
which was discovered in 1980s near Tabuk city, the gas would be
supplied to the port city of Duba where a power generation planet is
planned. Saudi Aramco has let a contract to Saudi Ports Authority to
construct facilities in Duba as a supply base for the drilling operations,
the contract covers a pier and storage yard
ii
.
In
Syria
, Gulfsands has made a new discovery through “Khurbet
East 102” appraisal well drilled in the northern flank on Khurbet
Field. The well encountered the Butmah Formation at a depth of
2,442 m, and the Kurrachine Dolomite Formation at a depth of 2,741
m. The Company’s initial estimates of total recoverable hydrocarbon
volumes from the Butmah Formation were 19.2 million barrels of oil
equivalent. The well produced 10.7 million cubic feet of gas per day
and 524 barrels per day of condensate from the Butma Formation,
i
Oil Voice, 18/7/2012
ii
Oil and Gas Journal, 16/11/2012