Total announces gas discovery in Egypt’s shallow waters

Total announces gas discovery in Egypt's shallow waters

5:24 AM, 29th July 2020
Oil & gas offshore platform. (Representative Image/File Photo)

PARIS, FRANCE: Total, BP and Eni (as the operator) have made a gas discovery with the Bashrush well on the North El Hammad license, located eleven kilometers off the Egyptian coast.
The well encountered 102 meters net gas pay in high quality sandstones of the Abu Madi formation. A production test was conducted with flow rates of up to 32 million standard cubic feet of gas per day (MMscf/d), limited by testing facilities. It is estimated that future deliverability per well will be up to 100 MMscf/d, along with up to 800 barrels of condensate per day. Future plans foresee development through tie-in to nearby existing infrastructures.

“We are very pleased to announce this discovery in Egypt. These results support our strategy to allocate a significant share of our exploration budget to the search of hydrocarbons in the vicinity of existing infrastructures,” said Kevin McLachlan, senior vice president, exploration, Total. “These resources have low development costs since they can rapidly be tie-in and put into production.”Total holds a working interest of 25 percent in the North El Hammad license, alongside operator ENI (37.5 percent) and BP (37.5 percent).

© Worldofchemicals News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

Cairn oil & gas deploys Honeywell solution for remote operations

BENGALURU/NEW DELHI, INDIA: Honeywell announced that Cairn Oil & Gas, Vedanta Ltd, the largest private oil & gas exploration and production (E ...

Read more
Ashland, AOC Materials sign maleic anhydride business sale deal

WILMINGTON, US: Ashland Global Holdings Inc announced a definitive agreement to sell the company’s maleic anhydride business and manufacturing f ...

Read more
Thermo Fisher Scientific expands global capacity to fight COVID-19

MUMBAI, INDIA: Thermo Fisher Scientific, the world leader in serving science, continues to expand global capacity and capabilities across its leading ...

Read more
Indian Oil, Total to form bitumen derivatives JV in India

MUMBAI, INDIA: Indian Oil Corporation and Paris, France-based Total said they have formed a 50:50 joint venture (JV) company that will manufacture and ...

Read more
Schlumberger to cut 21,000 jobs; sees worst quarter in decades

HOUSTON, US: Schlumberger is cutting 21,000 jobs, or around one-fifth of its total workforce, as part of structural changes in response to one of its ...

Read more
Kiri to close dyes intermediate plant on pollution board directive

MUMBAI, INDIA: Kiri Industries Ltd said as per directives issued by Gujarat Pollution Control Board (GPCB), the company has closed one of its units - ...

Read more uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X