Petroleum Africa
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Thursday, May 12, 2016
Following the start of production of the Nidoco North 1X exploration well and the Nidoco North West 4 development well on the Nooros field located on Egypt’s Abu Madi West concession, ENI is now seeing production rates of around 65,000 boepd.
This new milestone, achieved in just 10 months after discovery took place in July 2015, further confirms ENI’s near field exploration strategy oriented on high-value activities, which, thanks to the existing infrastructures, allows the fast development of the findings.
Nooros’ daily production, consisting in approximately 10 Mmcm of gas and 5,000 bpd of condensates, will provide an important contribution to reduce Egypt gas imports as well as for supplying low cost energy for the country’s development.
ENI’s next target is to increase production up to 140,000 boepd prior to the end of the year. The company will achieve its goals by the drilling of additional wells and facility optimization. ENI will also continue its exploration activities within the license area where more potential was identified.
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