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Quotes by TradingView

Eni advises Bashrush discovery tested with success

29 Jul, 2020
139


Eni (as the Operator of the Block), BP and Total (as Contractor members) have successfully tested the well drilled on the prospect called Bashrush, which is in the North El Hammad licence, in the conventional Egyptian waters of the Nile Delta.

Bashrush is located 12 km North-West from the Nooros field and approximately 1 km west of the Baltim South West field, both already in production [1].

According to Eni, the well has been opened to test potentiality of production, and it delivered up to 32 million standard cubic feet per day (MMscfd) of gas.

The test rate was limited by surface testing facilities.

The well deliverability in production configuration is estimated at up to 100 MMscf of gas and 800 barrels of condensate per day.

Eni, together with its partners BP and Total and in coordination with Egyptian Natural Gas Holding Company, plan to continue screening the development options of Bashrush, with the aim of fast-tracking production through synergies with the area’s existing infrastructures.

In the North El Hammad concession, which is in participation with the Egyptian Natural Gas Holding Company (EGAS), Eni through its affiliate IEOC holds 37.5 per cent interest and the role of Operator, BP holds the 37.5 per cent, and Total holds the 25 per cent of the contractor share.

Eni has been present in Egypt since 1954, where it operates through IEOC Production.

The current equity production of IEOC is above 300,000 barrels of oil equivalent per day.

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