Italian giant, Eni, is working on linking the third well of Baltim field to production by the end of 2019, an official source told Alborsa news.
The third well is expected to add around 100 million cubic feet per day (mmcf/d) of natural gas and 650 barrels of condensates.
After linking the third well to production, the field’s production is anticipated to reach 290 mmcf/d of natural gas and 1,950 barrels per day (b/d) of condensates, according to the sources.
The source noted that Baltim field includes six well of natural gas with an average production rate of around 75-100 mmcf/d of natural gas, making the total production of natural gas reach 500 mmcf/d.
The Ministry of Petroleum and Mineral Resources stated that the exploration wells, Baltim Southwest-1 and Baltim Southwest-2, began production with a rate of about 190 mmcf/d and about 1,300 b/d of condensates.
This comes in line with the ministry’s strategy to increase natural gas production rates through developing the discovered fields and putting them on the production map to enhance the country’s ability to cover local needs.
It is worth mentioning that Baltim field is located in Nile Delta and have an initial production rate of around 100 mmcf/d of natural gas. BP owns 50% interests in South Baltim’s development contract while Eni’s affiliate IEOC holds the remaining 50% shares.