The National Oil and Gas Authority of Bahrain expects production to begin within 5 years from an oil and gas discovery in shallow water off the island nation’s west coast. At a press conference reported by the official Bahrain News Agency, a DeGolyer & MacNaughton official estimated P50 oil in place at 80 billion bbl.
The National Oil and Gas Authority (NOGA) of Bahrain expects production to begin within 5 years from an oil and gas discovery in shallow water off the island nation’s west coast.
At a press conference reported by the official Bahrain News Agency (BNA), a DeGolyer & MacNaughton official estimated P50 oil in place at 80 billion bbl.
The BNA dispatch described the find as “tight oil.” It said drilling also has confirmed the discovery of “significant gas reserves in two accumulations below Bahrain’s main gas reservoir.”
The discovery is in the Khalij Al-Bahrain basin.
Yahya Al Ansari, chief exploration geologist of Bahrain Petroleum Co. (Bapco), said, “The presence of a layer with moderate conventional reservoir properties on top of an organic-rich source rock creates a unique self-sourcing and trapping system, enhancing production and economic viability.”
The press dispatch said an unspecified number of test wells have flowed “high-quality oil” and said two more appraisal wells are planned this year.
