Dana Gas spuds Merak-1 wildcat off Egypt

Dana Gas PJSC, Sharjah, has spudded a deepwater wildcat on its North El Arish concession area offshore Egypt (OGJ Online, Feb. 18, 2014).

The company says the Merak-1 well is on one of three prospects it describes as “world class” in the area, also known as Block 6.

The ADVantage Drilling Services SAE Tungsten Explorer drillship is drilling the well in 755 m of water. The area is southeast of Eni’s giant Zohr natural gas discovery.

Dana Gas holds a 100% interest in the concession. It expects drilling of the Merak prospect to take 70 days.