On May 12, BP Plc (NYSE: BP) confirmed production ramp-up from the Nidoco North 1X exploration well and the Nidoco North West 4 development well in the Nooros Field in Egypt’s Nile Delta.
BP holds a 25% stake in a concession of the Abu Madi West concession, in the Nile Delta. Eni, through its subsidiary IEOC, holds 75%. The field is operated by Petrobel, a joint venture between IEOC and the state-owned partner Egyptian General Petroleum Corp. (EGPC).
Discovered in July 2015, Nooros Field is now producing about 305 million cubic feet of gas per day, 3,000 barrels per day (bbl/d) of condensate and 1,500 bbl/d of NGL from four wells. This has been achieved after facility de-bottlenecking and enhancement of existing production facilities.
The Nidoco W-2 exploration well is scheduled to be spudded later in May, and it will test a western segment of the field. Another exploration well, the BSW-1 (Barakish), was spudded by Petrobel in April to test an analogous but separate reservoir north of Noroos. BP holds a 50% stake in the Baltim South Development Lease where the BSW-1 well is being drilled.
Development wells, including the Nidoco North West 5 well spudded on May 7, are expected to increase production over the course of 2016.
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