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Wednesday, 23 May 2018

SDX Energy to abandon Kelvin-1X well after it is deemed “not commercial”

SDX Energy announced yesterday that its Kelvin-1X exploration well at South Disouq, of which it holds a 55% working interest, had low gas saturation and was not deemed to be commercial. “The results of the Kelvin-1X well are not commercial and will not contribute to the initial production in this first phase of the development at South Disouq,” said CEO Paul Welch. The company will now plug and abandon the well, which it began drilling earlier this month. The rig will be moved to the SD-4X appraisal well, the site of the next drilling location at South Disouq.

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