British Petroleum Makes Third Gas Discovery in Egypt’s North Damietta Concession - News Summed Up

British Petroleum Makes Third Gas Discovery in Egypt’s North Damietta Concession


British Petroleum Makes Third Gas Discovery in Egypt’s North Damietta ConcessionBritish Petroleum (BP) has made a gas discovery in the North of Damietta offshore concession in Egypt’s East Nile Delta, its third in the block. “This latest discovery confirms our belief that the Nile Delta is a world-class basin,” BP Chief Executive Bob Dudley said in a Sunday statement. The wireline logs, pressure data and fluid samples confirmed the presence of 37 metres of net gas pay in high quality pliocene sandstones. The well is 60 kilometres (37 miles) north of Damietta city, located in northern Egypt. Commenting on the discovery, BP North Africa Regional President Hesham Mekawi said “We believe development of Qattameya could help unlock the resources in other nearby discoveries with similar shallow low pressure characteristics.


Source: The North Africa Journal March 27, 2017 11:03 UTC



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