Gulf Oil and Gas accountACCOUNT

Dana Starts Production from Two Discoveries in Egypt

Source: www.gulfoilandgas.com 3/5/2013, Location: Africa

Dana Gas, the Middle East's first and largest regional private sector natural gas company, has announced the West Sama-1 and Allium-1 fields in Egypt have commenced commercial production, less than 2 months after initial well testing was conducted.

These new fields are among the three discoveries made by Dana Gas in Egyptís Nile Delta Basin during the Companyís 2012 multi-well drilling programme. Dana Gas plans to bring the other field, Balsam-1, into production in H2 2013. Gas production at West Sama-1 and Allium-1 has been routed through Dana Gasí South El Manzala and El Wastani gas plant respectively.

Mr. Rashid Al Jarwan, Executive Director and Acting CEO of Dana Gas said: 'We are pleased to announce the successful tie-in of these two discoveries. The wells increase our production by 20 million cubic feet per day, providing much needed additional production to the Egyptian market and maintaining vital supplies of gas for power generation.'

Dr. Patrick Allman-Ward, Dana Gas Egypt General Manager commented: 'Dana Gas is well positioned to bring new discoveries on stream due to the onshore location of our assets where tie-ins to our existing pipelines and processing infrastructure can be made quickly, relatively inexpensively and ensures a high return on our new gas discoveries'.

Production from the two wells is expected to add 3,450 boepd (20 MMcf/d) to the Companyís 2012 Egypt year-end output rate of 32,000 boepd.

Dana Gas is continuing constructive discussions with the authorities on our remaining outstanding receivables, having received $163 million from the Government in 2012.

Dana Gas is currently the 6th largest gas producer in Egypt. Dana Gas Egypt operates in the Nile Delta through the El Wastani Petroleum Company (Wasco), Dana Gasí joint-venture company with the Egyptian Natural Gas Holding Company (EGAS). The Company is working towards increasing gas and condensate production for electric power generation and fuel supply in Egypt, and endeavors to expedite the tie-in of new discoveries to support the Egyptian people in the development of this key resource.

For more information about related Opportunities and Key Players visit Egypt Oil and Gas Projects

Production News in Egypt >>

China >>  11/20/2019 - CNOOC Limited (CNU) announced that Caofeidian 11-1/11-6 oilfield comprehensive adjustment project has commenced production. ...
Tanzania >>  11/19/2019 - Wentworth, the AIM listed independent, East Africa-focused natural gas company announces the following operational update. ...

Australia >>  11/15/2019 - INPEX has announced that the 100th shipment of liquefied natural gas (LNG) has departed from the INPEX-operated Ichthys LNG Projectís onshore gas liqu...
Mexico >>  11/14/2019 - Premier provides a Trading and Operations Update for the 10 months to 31 October...

Egypt >>  11/12/2019 - SDX Energy Plc (SDX) is pleased to announce the commencement of production from its operated South Disouq concession (SDX: 55% working interest) in Eg...
Russia >>  11/12/2019 - Exillon Energy plc ("Exillon Energy", the "Company" or the "Group") (EXI.LN), a London Premium listed oil producer with assets in two oil-rich regions...

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  Skilled Labors  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 | 23 | 24 |

Oil & Gas Projects in Egypt >>

More News

Related Links

Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.