British oil and gas company SDX Energy has spudded the Ibn Yunus-1X exploration well at the South Disouq project in Egypt.

Expected to take around 30 days to drill, the exploration will focus on the natural-gas-bearing Abu Madi intervals that were discovered in the SD-1X well in April last year.

Ibn Yunus-1X is the first of four planned wells on the South Disouq concession and will be followed by two appraisal wells in the original SD-1X structure.

SDX Energy president and CEO Paul Welch said: “The success of the SD-1X well proved the existence of source rock in this area which was our biggest uncertainty pre-drill.

“Success at Ibn Yunus will de-risk a large portion of that volume, which would be very significant for our shareholders.”

“The technical work that’s been completed by our team after the first successful well has provided us with additional confidence in our ability to identify conventional natural-gas-bearing intervals within the 3D seismic data set.

The company currently has more than 300km² of 3D seismic in the block with an identified potential of up to two trillion cubic feet of conventional natural gas.

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Welch further added: “Success at Ibn Yunus will de-risk a large portion of that volume, which would be very significant for our shareholders.”

Based on the company forecast, the SD-1X field is expected to have a plateau rate of 50 million standard cubic feet per day (MMscf/d) of conventional natural gas.

The rate could be increased up to 100MMscf/d through exploration success.

The company expects production to start at South Disouq in the second half of this year.