BP Egypt has announced an important new gas discovery in the Baltim South Development area in the East Nile Delta. The Baltim SW-1 well was drilled in water depth of 25 meters and reached a total depth of 3750 meters. As a result, it penetrated approximately 62 meters of net gas pay in high quality Messinian sandstones.
BP Egypt has declared that the discovery, which is located 12 kilometers from shorelines, is a new accumulation on the same way Nooros field, discovered last July 2015 that is currently producing 65 thousand barrels of oil equivalent per day. The discovery will require more of appraisal activities to specify its gross reserves.
Hesham Mekawi, regional president of BP North Africa, is pleased with the results achieved by the Baltim SW-1 well; it acts as the third discovery on Nooros trend and confirms possibilities to form Messinian along with its critical gas materials in the region.
He added: “Our plan is based on making use of the current infrastructure as it will speed up the pace of the discovery development and accelerate early production start-up. The announcement of this discovery is another example of BP’s adherence to unlock resources in order to produce critical gas to Egypt.”
BP holds a 50% stake in the Baltim South Development contract, and Eni, through its subsidiary IEOC, holds 50%. The well was drilled by Petrobel, a joint venture between IEOC and the state partner Egyptian General Petroleum Corporation (EGPC).
