RWE Dea continues successful development of gas resources in Egypt
CAIRO -- RWE Dea Egypt confirmed a further extension of the South Sidi Ghazy-1x discovery in the Egyptian Nile Delta. The latest development well follows the successful appraisal of the North Sidi Ghazy-1x discovery reported in August 2012. The start of production from RWE Dea’s Disouq project is planned for 2013.
The well SSG-1-2 was the second to be drilled in the South Sidi Ghazy structure and reached a total measured depth of 2,833 m. The well was drilled 1.3 km northwest from the discovery and confirms the extension of the gas resources and the good Messinian (Abu Madi Formation) reservoir properties in a northwesterly compartment of the field.
“The recent successful appraisal of the North and South Sidi Ghazy discoveries together with the West Khilala Field have confirmed our reserve base and will contribute to the core production during the first phase of the Disouq Development,” explained Dirk Warzecha, General Manager RWE Dea Egypt. In the first phase of the project, RWE Dea develops seven gas discoveries together with the Egyptian Natural Gas Holding Company (EGAS) and the Suez Oil Company (SUCO). The production from the Disouq project is meant to supply gas to the growing Egyptian energy market.
The Disouq concession was awarded to RWE Dea in July 2004. The block covers an onshore area of 5,375 square kilometres within the Nile Delta region of Egypt.
RWE Dea Egypt and its predecessor organisation have been operating successfully in Egypt since 1974 and, as operator, can look back on three decades of oil production in the Gulf of Suez. In recent years the company made a number of major gas discoveries in Egypt and boosted its activities considerably with the acquisition of additional concessions. RWE Dea has a total of 12 onshore and offshore concessions in Egypt, across a concession area of about 19,000 sq km.