BP Egypt has made a third discovery at Salmon in the North El Burg offshore concession of the Nile Delta, Egypt.
The gas discovery, which is located 50km north of Damietta, was drilled by IEOC, an affiliate of ENI.
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The well was drilled using the Scarabeo IV rig to water depths of 87m, reaching a total depth of 1,600m.
The wire line logs and pressure readings confirm the presence of gas in two shallow Pleistocene intervals, and appraisal work to evaluate the resources is underway.
BP, as operator of the North El Burg Offshore Concession agreement, holds a 50% stake and the remaining 50% stake is held by IEOC.
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By GlobalData
