Arab Finance: British Petroleum (bp) has completed the drilling operations at the El Fayoum-5 gas discovery well in the North Alexandria offshore concession, as per a statement.
This marks the company's final well in its four-slot drilling campaign in the West Nile Delta.
Using the Valaris DS-12 rig, El Fayoum-5 was drilled on February 14th, encountering four prospective Messinian gas reservoirs with a total sand thickness of 50 meters at a measured depth of nearly 2,900 meters.
The company plans to link the discovery to its operated West Nile Delta (WND) Gas Development. This marks bp’s second gas discovery in a row in recent months, following the successful El King-2 well in the North King Mariout Offshore Concession.
William Lin, Executive Vice President of Gas and Low Carbon Energy at bp, commented: "This reinforces bp’s commitment to Egypt and its growing energy needs.”
He added: “With Raven Infills Phase 2 already contributing to production, we’re now fast-tracking the El King and Fayoum discoveries to tie into our West Nile Delta infrastructure.”