New gas discovery announced in Med Sea offshore Egypt

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ArabFinance: Eni, BP, and Total, the three leading energy firms from Italy, the UK, and France, respectively, successfully drilled the first exploration well in the North El Hammad license in the Egyptian Offshore shallow waters, according to a press release.

The Bashrush discovery in the Nile Delta is located in 22 meters of water depth and 11 kilometers from the coast. In addition, the discovery is 12 kilometers North-West from the Nooros field and lies about one kilometer west of the Baltim South West field.

Eni said the well, which will be tested for production, discovered a single 152 meters thick gas column within the Messinian age sandstones of the Abu Madi formation with excellent petrophysical properties.

The discovery further extends to the west of the gas potential of the Abu Madi formation reservoirs that were discovered and produced from the Great Nooros Area, in which Baltim South West was discovered in June 2016.

During this year, Eni will continue to explore the Great Nooros Area with the drilling of another exploration well called Nidoco NW-1 DIR that is located in the Abu Madi West concession.

Eni’s exploration and development operations in Egypt are regulated by a Production Sharing Agreement contract. The firm has been present in the North African country since 1954.

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