The Ministry of Petroleum and Mineral Resources connected the first well to the national grid at Southern-Western Baltim gas field, located 12 kilometers (km) away from the Nooros field in the Nile Delta. The new well is expected to produce 100 million cubic feet per day (mcf/d) of gas after being linked to the onshore Abu Madi plant via a 44 km long pipeline, a press release said.
According to a time-table report presented to the Minister of Petroleum and Mineral Resources, the production rate is to increase to 500 mcf/d after developing the drilling process of five wells by Q2 of 2020.
The production is to be shared between the Egyptian General Petroleum Corporation (EGPC) and the contractor, Italian Eni and UK’s British Petroleum (BP), according to the agreement between both parties.
BP posses a 50% stake in the Baltim South Development Lease, while Eni owns the remaining 50% through its subsidiary the Italian Egyptian Oil Company (IEOC). The exploration well was drilled by Petrobel, a Joint Venture (JV) between EGPC and IOEC.
