Dana Gas Strike Rich in Nile Delta

SeaDiscovery.com
Monday, July 01, 2013

Dana Gas PJSC, the Middle East's first & largest regional private sector natural gas company, discover gas on the West El Manzala concession in the Nile Delta, Egypt.

The Begonia-1 discovery well encountered 15 m of net pay in a good quality sandstone reservoir of the Lower Abu Madi Formation. On test the formation produced 9.4 Million standard cubic feet of gas with 133 barrel condensate. The evaluated resources for the Abu Madi Lower pay zone are between 7 and 15 billion cubic feet (bcf) and around 100,000 barrels of condensate.

A notification of commercial discovery has been made to the government and the Company is preparing to submit a development plan for this discovery as part of a Development Lease application. It is anticipated Begonia-1 will be tied into the existing South Abu El Naga Field flow line which will take the gas to the El Wastani gas processing plant. Once fully developed the field will add around 1,600 boepd of production. The Company’s average output for the first five months was 33,600 boepd in Egypt.

Mr Rashid Al-Jarwan, acting CEO, Dana Gas, said: “The Company is pleased to announce another successful well discovery which will add to our production, cash flow and reserves in Egypt. We look forward to continue our appraisal drilling activities in the months to come.”

 

Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Shipping Freight Rates Drop Amidst Overcapacity

Shipping freight rates on the world's busiest route, from Asia to Northern Europe, fell by the largest percentage amount since 2008, reflecting wild volatility

Two ASC Kalmar Cranes for DP World Brisbane

Kalmar, part of Cargotec, has received an order from DP World Australia to deliver two new Kalmar automatic stacking cranes (ASCs) for its semi-automated terminal in Brisbane.

DP World Extends Title Sponsorship Until 2020

Dubai is set to remain at the epicenter of golf on The European Tour for the foreseeable future after global port operator DP World announced today that it will

Middle East

WFP: Aid Cargo for Yemen will be Delivered After Ship Docks

The World Food Programme will deliver a cargo of Iranian aid for Yemen once the ship carrying it reaches Djibouti's port, the U.N agency said on Friday. Earlier

Iran Aid Ship Reaches Djibouti Waters, Waits to Enter Port

An Iranian aid ship has reached the outskirts of Djibouti's port and is waiting for a permit to enter after Tehran agreed to an international inspection of the vessel with goods for Yemen,

Italy: 900 Migrants Rescued at Sea, One Dead

More than 900 migrants were rescued in one day from three overcrowded boats en route to Europe from North Africa, an Italian coast guard official said on Thursday.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Ship Repair Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1962 sec (5 req/sec)