On 24 October 2019, Italian Eni SpA, part of the Petrobel Belayim Petroleum Co (Petrobel) company with Egyptian General Petroleum Co (EGPC), announced that a new appraisal well, Sidri 36, was completed positive in the Sidri B11 block, onshore/offshore Gulf of Suez Basin.  Sidri 36 was drilled to appraise the Sidri South field, a structure south of the Abu-Rudeis Sidri field. The appraisal well was drilled westward in a down dip position compared to the new field wildcat Sidri 23 drilled in Q2 2019 (separate article).   Sidri 36 reportedly encountered a 200-m hydrocarbon column in the clastic sequence of the Cretaceous Nubia Formation. It is expected to be brought onstream shortly, at a rate of 5,000 bo/d.    According to Eni, this result continues the positive track record of the ânear fieldâ exploration in its historical concessions in Egypt and proves that the development of new play concepts combined with the use of the latest technology allows to re-evaluate areas already explored.  Background Information  The Sidri South field was discovered in July 2019 after the new field wildcat Sidri 23 encountered oil in the Oligocene clastic units. According to Eni, the field's total in place resources may reach up to 200 MMbbl of oil.  The Sidri B11 block was granted to Petrobel, a JV between Eni and EGPC in December 1975. It comprises also the southern structure of the Abu-Rudeis Sidri field.
Egypt (Gulf of Suez B.) October