Eni announced making new oil and natural gas discoveries in the Egyptian Meleiha concessions, located in the Western Desert. The newly made discoveries add approximately 8,500 barrels of oil equivalent per day (boe/d).
The new oil and gas discoveries have been connected to production, which comes in line with the infrastructure-led exploration strategy. This allows maximizing exploration opportunities close to the existing infrastructures.
“The results were obtained through Nada E Deep 1X well, which encountered 60m of net hydrocarbon pay in the Cretaceous-Jurassic Alam El Bueib & Khatatba formations, Meleiha SE Deep 1X well, which found 30m of net hydrocarbon pay in the Cretaceous-Jurassic sands of the Matruh & Khatatba formations, and Emry Deep 21 well, which encountered 35m of net hydrocarbon pay in the massive cretaceous sandstones of Alam El Bueib,” the company said.
These results, which were added to the discoveries for a total of eight exploration wells in 2021, give a 75% of success rate. This rate confirms the great potential in the Meleiha area. The company is continuing other exploration activities within the Meleiha concession with promising indications.
“With these discoveries, Eni, through AGIBA, a JV between Eni and EGPC, continues to pursue successfully its near field strategy in the mature basin of the Western Desert, aimed at maximizing production by containing development costs and minimizing time to market. In addition, Eni renews its commitment in the Western Desert with the recent acquisition of two exploration blocks with the planning in 2022 of a new high-resolution 3D seismic survey in the Meleiha concession, also aimed at investigating the gas potential of the area, in line with the energy transition goals,” the company said in its statement.