BP Egypt has made a gas discovery in the Baltim South Development lease in East Nile Delta in the Eastern Mediterranean offshore area.
Drilled in water depth of 25m, the Baltim SW-1 exploration well reached a total depth of 3,750m and penetrated around 62m of net gas pay in Messinian sandstones.
The discovery is located 12km from shore, a new accumulation along the same trend of the Nooros field, which was discovered in July last year and is currently producing 65,000boe a day.
The company is planning further appraisal activities to underpin the full resource potential of the discovery.
BP North Africa regional president Hesham Mekawi said: "We are pleased with the results of the Baltim SW-1 well as it is the third discovery along the Nooros trend and confirms the great potential of the Messinian play and its significant upside in the area.
"Our plan is to utilise existing infrastructure, which will accelerate the development of the discovery, and expedite early production start-up."
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By GlobalDataThe Baltim South Development lease is 50% owned by BP, while Eni holds the remaining 50% interest.
Petrobel, a joint venture between Eni’s subsidiary IEOC and Egyptian General Petroleum (EGPC) drilled the well.
Till date, BP Egypt has produced almost 40% of Egypt’s entire oil production.
At present, the company produces almost 10% of the country’s annual oil and condensate.
In Egypt, the company has made a series of discoveries in recent years including Taurt North, Seth South and Salmon and Rahamat, Satis, Hodoa, Notus, Salamat and Atoll.