Eni reports 15-Bcm gas discovery in Egypt’s Nile Delta

MILAN -- Eni has reported a gas discovery in the Nooros exploration prospect, in the Abu Madi West license in the Nile Delta, 120 km northeast of Alexandria, Egypt.

Preliminary estimates of the discovery account for a potential of 15 Bcm of gas in place with upside, plus associated condensates.

The discovery was made by the Nidoco NW2 Dir NFW well, which reached a total depth of 3,600 m and encountered a 60-m thick gas bearing sandstone interval of Messianian age with excellent petrophysical properties, further of other gas layers in the overlying Pliocene section.

The discovery will be put into production in two months’ time through a tie-in to the existing Abu Madi gas treatment plant.

Eni, through its subsidiary Ieoc Production BV, holds a 75% of working interest in the West Abu Madi development lease, with BP as a partner with 25%. Petrobel, equally owned by Ieoc (50%) and EGPC (50%), is the operator of the concession.