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BP Knocks Out Two Nile Delta Discoveries


Date: Tuesday, August 28, 2012
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BP Egypt has made its fourth and fifth discoveries on the North El Burg Offshore Concession in Egypt’s Nile Delta. The discoveries were made with the drilling of the Taurt North and the Seth South.

The two wells were drilled by IEOC on behalf of BP, the concession operator, using the Scarabeo IV rig in water depths of 110 and 78 meters respectively. The wireline logs, fluid samples and pressure data confirmed the presence of gas in one Pleistocene interval in Taurt North and two Plio-Pleistocene intervals in Seth South. Options to tie both discoveries to nearby existing infrastructure are being studied.

The Taurt North and Seth South discoveries follow the three previous discoveries made with the drilling of the Satis-1, Satis-3, and the Salmon-1 wells. The Satis-1 and Satis-3 were Oligocene deep discoveries and the Salmon-1 was a shallow Pleistocene discovery.

Hesham Mekawi, president and GM of BP Egypt stated, “The discoveries show our commitment to develop the remaining potential of the shallow reservoirs within the Nile Delta and make the best use of the existing infrastructure. It demonstrates the ongoing cooperation with the Ministry of Petroleum to deliver new gas discoveries and incremental supply to meet the future growth of the gas business in Egypt.”

The parties to the North El Burg Offshore Concession agreement are BP(operator 50%) and IEOC (50%).



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