Last Update 20:32
Saturday, 21 September 2019

Eni announces new oil discovery in Egypt's Western Desert

Ahram Online , Thursday 3 May 2018
Eni
Share/Bookmark
Views: 8974
Share/Bookmark
Views: 8974

Italian multinational oil and gas company Eni announced in a statement on Thursday a new oil discovery at the A-2X exploration prospect, located in the South West Meleiha license in the Egyptian Western Desert.

The well is the first drilled by Eni to explore the deep geological sequences of the Faghur Basin, the company said.

"The exploratory well, named SWM A-2X, has been drilled to a total depth of 5,090 meters and encountered 18 meters of light oil in the Paleozoic sandstones of Dessouky Formation of Carboniferous age," Eni said in a statement.

"Based on Competent Authority’s approval, the production is expected to be linked to already existing nearby infrastructures and then shipped to El-Hamra Terminal through existing pipelines," the statement added.

Egypt's Minister of Oil Tarek El-Mullah said that the exploration using the latest technologies in the Western Desert area has shown very promising results, according to Ahram Arabic website.

El-Mullah added that there will continue to be intensified exploration in the area, especially with the already existing infrastructure that would allow the production of high quality crude oil.

Last week, Eni announced in a statement the start of production at the Zohr gas field's second production unit (T-1), which will increase the production capacity by 400 million standard cubic feet per day (MMSCFD).

The step comes four months after gas production started at Zohr, the largest offshore gas field in the Mediterranean.

Zohr now has a capacity of 800 MMSCFD, or 150,000 barrels of oil equivalent (BOE) per day, the company said.

Eni is Egypt's leading LNG producer, producing around 250,000 BOE per day.

Short link:

 

Email
 
Name
 
Comment's
Title
 
Comment
Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.
Latest

© 2010 Ahram Online.