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Monday, March 18, 2019
Another gas discovery was made in Egypt, adding to the country’s already significant natural gas resource totals. The discovery was made by Italian firm ENI while drilling the Nour exploration prospect on the Nour North Sinai Concession in the Eastern Mediterranean.
The Nour-1 New Field Wildcat (NFW) was drilled by the Scarabeo-9 semi-submersible drilling rig in a water depth of 295 meters, reachig a total depth of 5,914 meters. The well found 33 meters of gross sandstone pay with good petrophysical properties and an estimated gas column of 90 meters in the Tineh formation of Oligocene age. The well has not been tested, however an intense and accurate data acquisition has been carried out.
In the concession, which is in participation with EGAS, ENI is the operator with a 40% stake, BP holds a 25% stake, Mubadala Petroleum a 20% stake while Tharwa Petroleum Company claims a 15% stake of the contractor’s share.
The JV operator will start the feasibility studies to accelerate the exploitation of these new resources leveraging the synergies with existing facilities and infrastructures, after finalizing the discovery evaluation.
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