BP has another gas find off Egypt's Nile Delta

June 1, 2001
BP PLC unit BP Egypt made a second gas discovery in the North Alexandria concession off the Nile Delta. BP found hydrocarbons in the concession with the Taurus-1 well in late 2000, the company said.


By the OGJ Online Staff

HOUSTON, June 1 -- BP PLC unit BP Egypt made a second gas discovery in the North Alexandria concession off the Nile Delta.

BP found hydrocarbons in the concession with the Taurus-1 well in late 2000, the company said.

Fayoum (L-1x) well, in 400 m of water 35 km from the north coast of Egypt, tested 21 MMcfd of gas from the main target zone and 6 MMcfd from a secondary zone with more silt.

The primary target result was constrained by tubing size, BP said.

The company estimates the well found proved combined reserves of 600 bcf.

BP has plugged the well and moved the rig 45 km northeast to drill the Libra-1 well, also in the North Alexandria concession.

BP operates the concession with 60% interest, and RWE-DEA AG owns 40%.