Gulf Oil and Gas accountACCOUNT

Shell Egypt announces two ultra-deepwater discoveries

Source: www.oilegypt.com 2/15/2004, Location: Africa

Share |
Shell Egypt, with co-venturers Petronas Carigali Overseas Sdn. Bhd. and the Egyptian Natural Gas Holding Company have succeeded in making two hydrocarbon discoveries in their offshore concession in the Mediterranean. The partnership completed a three well ultra-deepwater drilling campaign in the North East Mediterranean Deepwater Concession, setting new water depth records for Egypt and the Mediterranean, with drilling in over 2400m of water.

The three wells (Kg45-1, Kj49-1 and La52-1) have successfully tested a variety of hydrocarbon plays in the southwest of the concession area. Hydrocarbon discoveries have been made in two locations, and an extensive evaluation programme has been completed. A large volume of new data is now being integrated into the partnership’s geological models for the area.

Having successfully completed all first phase exploration obligations Shell Egypt and Petronas Carigali will now enter the four year 2nd Exploration Phase in the Concession as part of the plans to commercialise the discoveries.

Matthias Bichsel, Shell’s Global Exploration Director said, "The drilling results have demonstrated that this ultra-deepwater area is a rich hydrocarbon province. The priorities now are to commercialise the discoveries as rapidly as possible and to ensure that an optimal follow up appraisal and exploration programme is designed within this large concession.”

Andrew Vaughan, the Chairman of Shell Companies in Egypt, added: “We are very pleased with the results from the NEMED drilling programme. The wells were drilled safely and efficiently using Shell’s Surface Blow Out Preventer (SBOP) technology. The SBOP enabled us to drill in deep water more efficiently than with conventional equipment and to successfully explore the ultra-deepwater Nile Delta.”

The wells were drilled by Shell and Bapetco (a joint venture of Shell Egypt and the Egyptian General Petroleum Company) using the semi-submersible drilling rig, the Stena Tay.


Exploration News in Egypt >>

Equatorial Guinea >>  12/11/2017 - ExxonMobil has struck oil with its Avestruz-1 well in Block EG-06, announced the Ministry of Mines and Hydrocarbons of Equatorial Guinea. The well was...
Morocco >>  12/11/2017 - SDX Energy Inc, the North Africa focused oil and gas company, is pleased to announce that a gas discovery has been made at its KSR-16 development well...

China >>  12/10/2017 - China's CNOOC Limited has announced that the Company has recently made a mid-sized natural gas field discovery Bozhong 19-6 in Bohai Bay. Bozhong 19-6...
China >>  12/8/2017 - PetroChina has conducted its first major internal transfer of mining rights between subsidiaries to allow those with mature fields to look for oil and...

Mexico >>  12/8/2017 - Mexico’s oil regulator on Thursday canceled a tender for a joint venture with state oil firm Pemex in the deep water Maximino-Nobilis area, as no comp...
Norway >>  12/8/2017 - Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the UK and...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 |

Oil & Gas Projects in Egypt >>

More News

 

Oil & Gas Companies in Egypt >>


Related Links

AO BJ BW CD CG CI CM DZ EG ET GA GH GM GN GQ GW KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO ST SZ TD TN TZ UG ZA ZM
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.