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Monday, June 13, 2016
BP Egypt ad ENI made a new discovery in Egypt’s East Nile Delta with the drilling of the Baltim SW-1 well on the Baltim South Development Lease. The well was drilled in water depths of 25 meters and reached a total depth of 3,750 meters.
During drilling the Baltim SW-1 encountered approximately 62 meters of net gas pay in high quality Messinian sandstones. The discovery is a new accumulation along the same trend of the Nooros field discovered in July 2015 and currently producing 65,000 boepd. Further appraisal activities will be required to underpin the full resource potential of the discovery.
Hesham Mekawi, Regional President of BP North Africa, commented: “We are pleased with the results of the Baltim SW-1 well as it is the third discovery along the Nooros trend and confirms the great potential of the Messinian play and its significant upside in the area. Our plan is to utilize existing infrastructure which will accelerate the development of the discovery, and expedite early production start-up. This announcement is another example of BP’s commitment to unlock resources in order to bring critical gas production to Egypt.”
BP holds a 50% stake in the Baltim South Development lease, and ENI, through its subsidiary IEOC, holds 50%. The well was drilled by Petrobel, a JV between IEOC and EGPC.
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