By OGJ editors
HOUSTON, Nov. 24 -- BP Egypt announced what it is calling a significant gas discovery, Hodoa, in the deepwater West Nile Delta. Further appraisal is under way.
BP drilled the WMDW-7 well on the Nile Delta concession some 80 km northwest of Alexandria to a depth of 6,350 m in 1,077 m of water.
It’s the first Oligocene deepwater discovery in the West Nile Delta area, said BP, which operates the concession. RWE Dea holds 20% interest in the concession.
BP, which has has operated in Egypt nearly 50 years, has invested more than $17 billion there.
Permian Resources Corp.
Photo from Binh Son Refining & Petrochemical JSC.
