Dana: Gas Discovery To Market In One Week - Africa’s premier report on the oil, gas and energy landscape.

Dana: Gas Discovery To Market In One Week

Dana Gas PJSC will tie its West Sama -1 gas discovery to a processing plant within a week, the company said in a press release. Dana Gas produces approximately 230MMscf/d plus 7500 barrels per day of natural gas liquids.  All dry gas is sold into the domestic market in Egypt.

The Sharjah, UAE based company announced the discovery at West Sama-1 in Egypt’s West El Qantara Concession, in the Nile Delta, on October 22, 2012.  Dana Gas operates the acreage 100%. “The evaluated in-place resources for the West Sama-1 are between 4 to 6 Billion Cubic Feet (Bcf)”, it claimed. The same press statement quoted Dana Gas as saying it was “preparing a development plan for this discovery to be tied in to the nearby pipeline owned by Dana Gas” and then: “the West Sama-1 gas discovery will be tied in to the Company’s nearby South El Manzala gas processing plant within a week”. Dana Gas officials have always noted that in Egypt, “the existing and planned network of facilities, infield lines and export pipelines means that discoveries in the concessions can be quickly and easily tied in and brought on to production making even relatively modest discoveries valuable”.

Dana said that the new field discovery comes after the first successful drilling in the Komombo Concession earlier in the second quarter of 2012. “West Sama-1 is nearby to the Sama-1 and Sama-2 dry gas discoveries in the Abu Madi formation. The Sama field commenced production in February 2010 and is produced through the South El Manzala dry gas plant.

“The West Sama-1 well is the first significant dry gas discovery in the Kafr El Sheikh Formation by Dana Gas in 2012 and the twenty third as a result of the aggressive exploration drilling campaign that started in 2007 and will continue throughout 2013. Mr Rashid Al Jarwan, Dana Gas Executive Director and Acting CEO, said “Our team in Egypt continues to deliver tremendous results. We are delighted that this exploration well has been successful. It builds upon Dana Gas Egypt’s outstanding record of discoveries”.

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