ENI’s New Gas Find Boosts GIP in Egypt’s Nooros to 4Tcf

The Nidoco-NW-1 exploratory well has encountered 100 metres Net Gas Sand in ENI operated Abu Madi West Development Lease in Egypt.

The discovery has extended, further north, the gas potential of the Greater Nooros area.

“The preliminary evaluation of the well results, considering the extension of the reservoir towards north and the dynamic behaviour of the field, together with the recent discoveries performed in the area, indicates that the Great Nooros Area gas in place can be estimated in excess of 4 Tcf”, ENI says in a release.

Nidoco NW-1 is located in 16 metres of water depth, 5 km from the coast and 4 km north from the Nooros field, discovered in July 2015.

50 metres of the 100 metre gas footage is located within the Pliocene sands of the Kafr-El-Sheik formations with the remaining 50 metres within the Messinian age sandstone of the Abu Madi formations, “both levels with good petrophysical properties”, the Italian major explains. “In the Abu Madi formations a new level, which was not yet encountered in the Nooros field, has been crossed proving the high potential of the Great Nooros Area and the further extension of the gas potential to the North of the field.

ENI, together with its partner bp, in coordination with the Egyptian Petroleum Sector, will begin screening the development options of this new discovery benefitting of the synergies with the area’s existing infrastructures.

ENI, through its subsidiary IEOC, holds a 75% stake in the license of Abu Madi West Development Lease, while bp holds the remaining 25% stake. The operator is Petrobel, an equal joint venture between IEOC and the state company Egyptian General Petroleum Corporation (EGPC).

 

 



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