TAG Oil secures rig for Egypt well, SERQ approval delayed

TAG Oil secured a drilling rig for the T-200 well at its Badr Oil Field (BED-1) concession in Egypt’s Western Desert, with spud targeted by the end of June 2026, pending regulatory approvals. The T-200 vertical well is designed to test the Abu Roash “F” formation, a naturally fractured reservoir where nearby wells have encountered …

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