Egypt announces second oil discovery at Abu Sannan in three months

Egypt’s General Petroleum Company discovers a new oil field in Abu Sannan, producing 1,400 barrels per day, confirming growing interest in this mature Western Desert region.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

The General Petroleum Company (GPC), an Egyptian public enterprise specializing in hydrocarbons, has announced a new oil discovery in the Abu Sannan basin, located in Egypt’s Western Desert. The well, named GPR-1X, is showing promising initial results, with daily production of approximately 1,400 barrels of crude oil and 1 million cubic feet of natural gas.

Technical characteristics of the discovery

According to information provided by Mohamed Abdel Meguid, Chairman and CEO of GPC, ongoing tests on this well confirm the estimated production levels. The extracted oil primarily originates from the Bahariya geological formation, recognized for its oil potential. Additionally, electric log analysis has indicated promising signs of further hydrocarbons in the Abu Roash G and B formations. However, these findings require additional technical evaluations before commercial exploitation.

A second success within three months

This discovery comes just three months after a previous successful exploration in the same region, announced last March. On that occasion, GPC emphasized the use of advanced technologies based on artificial intelligence (AI), developed in-house. These technological tools significantly improve exploration accuracy and extend production from mature fields, traditionally considered complex.

The strategy adopted by Egypt’s Ministry of Petroleum and Mineral Resources explicitly aims to increase national hydrocarbon production by optimizing the exploitation of existing resources. Within this framework, the Abu Sannan region constitutes a strategic target due to its proximity to existing infrastructure, facilitating rapid transport of crude oil to local refineries.

Impact on national reserves

This new well adds approximately 2 million barrels to Egypt’s recoverable oil reserves, further consolidating the country’s production goals. The continuation of such discoveries underscores the ongoing importance of the Western Desert region, despite the maturity of its basins. Such announcements attract interest from industry professionals, closely monitoring the development of technological capacities that extend the economic viability of existing fields.

With this series of discoveries, Egypt’s oil sector continues to strengthen its productive potential while optimizing available resources. These results align fully with national economic goals focused on sustainably increasing the country’s energy capacity.

The United Kingdom is set to replace the Energy Profits Levy with a new fiscal mechanism, caught between fairness and simplicity, as the British Continental Shelf continues to decline.
The Italian government is demanding assurances on fuel supply security before approving the sale of Italiana Petroli to Azerbaijan's state-owned energy group SOCAR, as negotiations continue.
Rosneft Germany announces the resumption of oil deliveries to the PCK refinery, following repairs to the Druzhba pipeline hit by a drone strike in Russia that disrupted Kazakh supply.
CNOOC has launched production at the Wenchang 16-2 field in the South China Sea, supported by 15 development wells and targeting a plateau of 11,200 barrels of oil equivalent per day by 2027.
Viridien and TGS have started a new 3D multi-client seismic survey in Brazil’s Barreirinhas Basin, an offshore zone still unexplored but viewed as strategic for oil exploration.
Taiwan accuses China of illegally installing twelve oil structures in the South China Sea, fuelling tensions over disputed territorial sovereignty.
Chevron has reached a preliminary agreement with Angola’s national hydrocarbons agency to explore block 33/24, located in deep waters near already productive zones.
India increased its purchases of Russian oil and petroleum products by 15% over six months, despite new US trade sanctions targeting these transactions.
Indonesia will finalise a free trade agreement with the Eurasian Economic Union by year-end, paving the way for expanded energy projects with Russia, including refining and natural gas.
Diamondback Energy announced the sale of its 27.5% stake in EPIC Crude Holdings to Plains All American Pipeline for $500 million in cash, with a potential deferred payment of $96 million.
Reconnaissance Energy Africa continues drilling its Kavango West 1X exploration well with plans to enter the Otavi reservoir in October and reach total depth by the end of November.
TotalEnergies has signed a production sharing agreement with South Atlantic Petroleum for two offshore exploration permits in Nigeria, covering a 2,000 square kilometre area with significant geological potential.
Nigeria’s Dangote refinery shipped 300,000 barrels of gasoline to the United States in late August, opening a new commercial route for its fuel exports.
Saudi and Iraqi exporters halted supplies to Nayara Energy, forcing the Rosneft-controlled Indian refiner to rely solely on Russian crude in August.
BW Offshore has been chosen by Equinor to supply the FPSO unit for Canada’s Bay du Nord project, marking a key milestone in the advancement of this deepwater oil development.
Heirs Energies doubled production at the OML 17 block in one hundred days and aims to reach 100,000 barrels per day, reinforcing its investment strategy in Nigeria’s mature oil assets.
Budapest plans to complete a new oil link with Belgrade by 2027, despite risks of dependency on Russian flows amid ongoing strikes on infrastructure.
TotalEnergies and its partners have received a new oil exploration permit off Pointe-Noire, strengthening their presence in Congolese waters and their strategy of optimising existing infrastructure.
India’s oil minister says Russian crude imports comply with international norms, as the United States and European Union impose new sanctions.
Strathcona Resources plans to acquire an additional 5% of MEG Energy’s shares and confirms its opposition to the company’s sale to Cenovus Energy.

Log in to read this article

You'll also have access to a selection of our best content.