In September 2018, Khalda Petroleum P&A dry its Nebtu 1X NFW, after reaching 3,921m TD in the Palaeozoic. The well was drilled on an under-explored block forming part of the Khalda Offset PSC, located in the Faghur Basin. It was spudded on 27 August 2018 and had a cost of ~US$ 1.3 million. Nebtu 1X is the third NFW to be drilled on the PSC in 2018, following on from Herunefer North 1X (testing planned) and Bravo South 1X Cretaceous oil & gas discovery. Equity in the Khalda Petroleum consortium is split between Apache (33.5%), Sinopec (16.5%) and EGPC (50%, carried). <P />
Egypt, Khalda Offset (Dev)