BP makes significant gas discovery offshore Egypt

9/9/2013

BP makes significant gas discovery offshore Egypt

LONDON -- BP Egypt has made a significant gas discovery in the East Nile Delta. The deepwater exploration well, named Salamat, is the deepest well ever drilled in the Nile Delta. It is the first well in the North Damietta Offshore concession granted in February 2010 and operated by BP.

The well was drilled using the sixth generation semi-submersible rig Maersk Discoverer in water depth of 649 m and reaching a total depth of around 7,000 m. The wireline logs, fluid samples and pressure data confirmed the presence of gas and condensate in 38 m net of Oligocene sands in Salamat. Further appraisal will be required to better define the field resources and to evaluate the options for developing the discovery.

The Salamat discovery is located around 75 kilometres north of Damietta city and only 35 kilometres to the north west of the Temsah offshore facilities. BP has 100% equity in the discovery.

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