GDF and Dana Petroleum’s new Gas discovery

GDF Suez (Gaz de France) announced the Papyrus-1X well gas exploration, located offshore Nile Delta in west El Burullus concession.

Dana Petroleum, GDF Suez’s partner said that Gas was flowing at up to 33 million standard cubic feet per day during a drill stem test at Papyrus-1X, the well also test flowed about 442 barrels of condensate per day.

The well was drilled in about 20 meters of water to a total measured depth of 1990 meters, targeting a Pliocene prospect consisting of a turbiditic sand system.

The data gathered from the well will be fully analyzed and the commerciality of this discovery, along with the previous WEB-1X discovery, will be evaluated in arrangement with the Egyptian Natural Gas Holding Company (EGAS).
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Dana and GDF Suez are currently discussing the possibility of combining the development of these two bordering gas discoveries, as The Papyrus-1X well will be suspended for potential re-entry and future use as a gas production well.

It’s worth mentioning that GDF operates the production sharing contract for the West El Burullus concession with a 50% interest and Dana holds the remaining stake.

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