Kuwait Energy has begun production of the Al-Jahraa SE-1X exploration well located in the Abu Sennan concession in the Western Desert, Egypt.
The development lease was discovered on 27 July this year and obtained by Kuwait Energy from the Egyptian Petroleum (EGPC) for Al-Jahraa SE-1X in August.
Production of the well began at an initial rate of 460 barrels of oil per day (bopd) from the Abu Roash E (AR-E) formation.
At present, Al-Jahraa is producing at a 2in choke size and production has stabilised to a daily average rate of 410bopd.
Kuwait Energy CEO Sara Akbar said: “I am delighted to announce we have begun production from the Al-Jahraa SE-1X well after making the discovery earlier this year.
“This is another milestone highlighting Kuwait Energy’s exploration, development and execution capabilities adding value to the asset. We could not have achieved this without the unparalleled support of the EGPC and our partners.”
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataKuwait Energy owns a 50% revenue interest in the Abu Sennan concession lease, which it also operates.
Dover Investments owns a 28% stake, while Rockhopper Exploration holds 22%.
Kuwait Energy is engaged in the exploration, appraisal, development and production of hydrocarbons, has a portfolio comprising ten oil and gas assets across Egypt, Iraq, Yemen and Oman, of which it operates seven assets.
The company’s 2P working interest reserves as of 31 December last year are 818 million barrels of oil equivalent.
