Italy’s Eni seeks to drill a new exploratory deep water well in the Abu Madi concession area in the Nile Delta in the coming year, with the aim of expanding the search for natural gas and increasing production rates. A source at the Egyptian Natural Gas Holding Company (EGAS) told Daily News Egypt that the exploratory well would be drilled in the same concession area where the Nooros gas field was discovered in July 2015. He explained that the results of the seismic survey of the area indicated that there are undiscovered quantities of natural gas. The Nooros field was achieved in a record time and contributed to the increase of domestic production of natural gas. The total reserves of the Nooros field are estimated at about 2tn (cf) of gas.

Source: Daily News Egypt December 06, 2018 01:18 UTC