Dana Gas PJSC, the Middle East's first and largest regional private sector Natural gas Company has announced its latest gas discovery in the Nile Delta, Egypt.

The ‘South Abu El Naga-2’ well, drilled as an appraisal of the previously announced South Abu El Naga Field in the West El Manzala Concession encountered 16.6 meters of net pay in the Abu Madi formation, thus extending the field. In addition, the well encountered 4.8 meters of net pay in a good quality sandstone reservoir of the El Wastani formation, representing a new pool discovery. On test, the well produced 14.1 million standard cubic feet per day (MMscfpd) of gas with 718 barrels of condensate from the Abu Madi Formation, and 5.9 MMscfpd of dry gas from the El Wastani Formation

The discovery comes after the announcement of the previous South Abu El Naga-1ST discovery in September 2010, where the calculated reserves estimate is in the range of 50 to 90 billion standard cubic feet (Bcf) of gas, with associated condensate reserves between 1 and 2 million barrels. The Abu Madi development is still expected to be routed to the planned Salma Delta gas plant, currently being designed.