Eni said March 14 it has made a new gas discovery under evaluation in the Nour exploration prospect located in the Nour North Sinai Concession, in the Eastern Egyptian Mediterranean, about 50 km (31 miles) North of the Sinai peninsula.
The Nour-1 New Field Wildcat (NFW), which has led to the discovery, was drilled by the Scarabeo-9 semi-sub in a water depth of 295 m (967 ft) and reached a total depth of 5,914 m (19,402 ft).
Nour-1 well found 33 m (108 ft) of gross sandstone pay with good petrophysical properties and an estimated gas column of 90 m (295 ft) in the Tineh formation of Oligocene age. The well has not been tested; however an intense and accurate data acquisition has been carried out.
In the concession, which is in participation with Egyptian Natural Gas Holding Co., Eni is the operator with a 40% stake, BP holds a 25% stake, Mubadala Petroleum a 20% stake while Tharwa Petroleum Co. a 15% stake of the contractor’s share.
The JV operator will start the feasibility studies to accelerate the exploitation of these new resources leveraging the synergies with existing facilities and infrastructures, after finalizing the discovery evaluation.
Eni in Egypt operates through its subsidiary Ieoc since 1954. The company is the country's leading producer with equity above 340,000 barrels of oil equivalent per day that will further growth in 2019 with the ramp up of the Zohr Project to production plateau.
The find, made in the Sakakemang block in South Sumatra, would translate into more than 350 million barrels of oil equivalent.
The P-76 platform is located in the Búzios Field within the pre-salt region of the Santos Basin offshore Brazil and is the second platform Petrobras has entered into operation so far this year.
The well was drilled south of the main Pecan Field in the Deepwater Tano Cape Three Points Block.