In a launch posted on its web site lately, BP revealed one other discovery offshore Egypt.
The corporate outlined within the launch that it “encountered 4 potential Messinian gasoline reservoirs, with a complete sand thickness of fifty meters (164 ft) at a measured depth of roughly 2,900 meters (1.8 miles)” on the El Fayoum-5 properly.
The properly was spudded on February 14 and is positioned within the North Alexandria Offshore Concession, BP identified within the launch. The corporate highlighted that that is the ultimate properly in its “four-slot drilling marketing campaign within the West Nile Delta”.
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BP famous within the launch that plans are underway to tie again the discovery to its operated West Nile Delta Fuel Growth.
Rigzone requested BP if it had any manufacturing figures for El-Fayoum-5 and if it plans extra exploration drilling offshore Egypt this yr. A BP spokesperson was unable to offer manufacturing figures for the properly however confirmed that BP “doesn’t plan any extra exploration drilling offshore Egypt this yr”.
In BP’s launch, William Lin, EVP Fuel & Low Carbon, mentioned, “this reinforces BP’s dedication to Egypt and its rising power wants”.
“With Raven Infills Section 2 already contributing to manufacturing, we’re now fast-tracking the El King and Fayoum discoveries to tie into our West Nile Delta infrastructure,” he added.
“The supply of Raven Infills is absolutely in keeping with our precedence to develop the upstream and excessive grade our portfolio internationally,” he continued.
In a launch despatched to Rigzone by the BP staff final month, BP revealed that it had made a discovery offshore Egypt. The corporate outlined in that launch that it “encountered two potential Messinian reservoirs at a measured depth of roughly 2,400 meters” on the El King-2 exploration properly, which is located within the North King Mariout Offshore Concession.
Rigzone requested BP for extra data on these reservoirs on the time, however an organization spokesperson was unable to remark.
In a separate launch posted on its web site final month, BP introduced the beginning of manufacturing from the second improvement section of the Raven area, offshore Egypt, which it mentioned entails the subsea tieback of extra Raven infill wells to its current onshore infrastructure as a part of the West Nile Delta undertaking.
The brand new wells are anticipated to supply roughly 220 billion cubic ft of gasoline and 7 million barrels of condensate, BP famous in that launch.
Nader Zaki, BP Regional President for the Center East and North Africa, mentioned in that launch, “since January 2024, now we have not stopped drilling for at some point”.
“The main focus of the Raven Infills undertaking has been to combat pure decline and enhance manufacturing whereas maximizing our current infrastructure to satisfy Egypt’s home market demand at tempo,” Zaki added.
“This additional demonstrates BP’s dedication to investing in Egypt, enabled by the unparalleled help and partnership with the Ministry of Petroleum, EGPC, and EGAS,” Zaki continued.
BP highlighted in its newest launch that the West Nile Delta Fuel Growth consists of a collection of gasoline condensate fields positioned offshore Egypt, throughout the North Alexandria and West Mediterranean Deepwater concessions.
It added that the Raven area, which it described because the last section of the West Nile Delta undertaking, has been in manufacturing since early 2021. Its preliminary section included the event of eight subsea wells, positioned as much as 65 km (40 miles) offshore, at water depths starting from 550 meters (1,804 ft) to 700 meters (2,296 ft), BP mentioned within the assertion.
BP states on its web site that it takes satisfaction in its long-standing historical past in Egypt, including that it has “operated efficiently in Egypt for nearly 60 years” and invested “greater than $35 billion throughout that point”.
The West Nile Delta improvement is listed as a “main gasoline undertaking” on BP’s web site, which highlights that this improvement contains 5 gasoline fields and is BP’s first operated asset within the nation.
The West Nile Delta is at present producing shut to at least one billion cubic ft per day from the mixed West Nile Delta fields, in keeping with BP’s web site.
In a press release posted on its web site final month, BP introduced a “essentially reset technique”. This technique will see BP develop its upstream oil and gasoline enterprise, focus its downstream enterprise, and make investments with rising self-discipline into the transition, the corporate famous in that assertion.
To contact the creator, electronic mail andreas.exarheas@rigzone.com
