BP has signed concession amendments with Egypt for the Temsah, Ras El Barr and Nile Delta Offshore production sites.
These amendments enable economic development of the Nooros field, where the company recently achieved record production.
BP North Africa regional president Hesham Mekawi said: “BP is proud to progress the acceleration of its drilling activities in the three concession areas.
"The conclusion of these amendments was a critical milestone that allowed the discovery and fast-track development of the Nooros field in the Nile Delta offshore concession which this month achieved record production of 700Mscfd and is targeted to reach 880Mscfd by early 2017.
"BP will also drill additional wells in Ras El Barr and Temsah areas that are expected to bring significant gas to the Egyptian domestic market.”
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BP holds a 50% interest in Temsah and Ras El Barr, in addition to its 25% in the Nile Delta Offshore Concession. The remaining interest is held by ENI through its subsidiary IEOC.
In June, BP announced gas discovery in the Baltim South Development Lease. This was immediately appraised by another well Baltim SW-2. This appraisal well encountered a gas column of 102m overall and 86m net within two sand layers of Messinian age rock holding reservoirs.
With the new well, the gas potential discovered in the area has reached 3Tcf of gas, with 2Tcf is in the Nooros field, and the remainder in the new Baltim South West discovery.
BP and its partner ENI are already working on the development options for this discovery.
Mekawi added: “We are pleased with the results of the Baltim SW-2 well as it confirms the great potential of the Messinian play and its significant upside in the area. Our plan is to utilise existing infrastructure, which will accelerate the development of the Baltim South West discovery, and expedite early production start-up.”
BP owns a 50% stake in the Baltim South Development lease, and ENI holds 50% through its subsidiary IEOC.
The appraisal well was drilled by Petrobel, which is a joint venture between IEOC and state-owned Egyptian General Petroleum Corporation.
Image: BP has signed concession amendments for offshore projects in Egypt. Photo: courtesy of BP plc.