The Italian multinational oil and gas company Eni has successfully drilled the Nidoco North 1X well, in the exploration prospect of Nooros East, located in the Abu Madi West license, in the Nile Delta, reported World Oil.
According to Egypt Independent, Eni stated that the well is expected to start operating by the end of March 2016, allowing the Nooros area, which came online in September 2015, to reach a production of approximately 45,000boe/d. With the addition of new development wells, the production capacity is expected to increase to over 60,000boe/d by the middle of 2016. Eni, through its subsidiary IEOC, holds a 75% stake in the concession of Abu Madi West, while BP holds a 25% stake.
Meanwhile, Eni has also completed the drilling of the Zohr 2X well, the first appraisal well of the Zohr discovery. The well was drilled in the Shorouk block where Eni, through IEOC, holds a 100% share.
In parallel with the field development, Eni will continue its exploration activities in the license area, where significant additional potential has been, reported Your Oil and Gas News. The overall appraisal plan envisages the drilling of three more wells to fully delineate the field which holds a potential of 30tcf of lean gas in place covering an area of about 100 square km.