In late October 2019, Khalda Petroleum Co (Khalda) successfully tested the Barakat Deep 1 exploratory well in its Khalda Offset (New) A-West concession, Northern Egypt Basin.  Without further disclosed information, the operator reported the presence of gas and condensate, which were presumably found in the Lower Cretaceous Alam El Bueib Member of the Burg El Arab Formation.   The operator spudded the Barakat Deep 1 well on 27 August 2019 with a planned TD at 4,420 m.  Khalda is a JV between EGPC (50%), Apache (33.5%) and Sinopec (16.5%).  The Khalda Offset (New) A-West is a 3,271 sq km concession awarded to Khalda in January 1998. The concession includes the Nakhaw oil discovery made in 2002.
Egypt, Khalda Offset