Newsletter 
  INSCRIPTION Inscription | ESPACE ANNONCEURS Publicité | CONTACT Contact |PLAN DU SITE Plan


Europétrole, le portail de l'industrie du pétrole
 
 accueil | actualité française | actualité internationale | recherche | interviews | focus | actualité par entreprise | actualité pétrole/gaz de schiste 
Partager :

  • Dana Gas commences drilling in Egypt
    édité le 08/06/2015 - Plus de news de "Dana Gas" - Voir la fiche entreprise de "Dana Gas"


Dana Gas commences drilling in Egypt
Dana Gas, the Middle East’s leading regional private sector natural gas company, is pleased to confirm that it has commenced drilling the Balsam-2 development well in the Balsam Development lease onshore Nile delta. The Balsam-2 well is being drilled with the 2000 HP Egyptian Drilling Company’s Rig #48 and targets the Qawasim formation at a depth of 3200 m. A slanted and fully cored pilot hole will be drilled through the Qawasim reservoir and will be followed by the drilling of a 700 m horizontal section. The well will be the first horizontal well drilled by Dana Gas Egypt, and one of very few drilled in the onshore Nile Delta to date. The well is expected to take approximately 4 months to drill and complete.

The Balsam-2 well is the first in a major drilling campaign of some 30 wells and a large number of work-overs that will be drilled in the next 3 years and forms part of the Gas Production Enhancement Agreement (GPEA) work commitment. In this Agreement, Dana Gas has committed to a work programme in return for the ability to sell the government’s share of incremental condensate production at market rates over and above an agreed no further action decline production forecast. This mechanism is expected to effectively eliminate the receivables balance by end 2018, assuming that no further bullet payments are made to the petroleum sector by the Egyptian Government.

Dr Mark Fenton, GM Dana Gas Egypt, commented:

“We are very happy to be commencing our drilling operations as part of the GPEA. It represents the culmination of many months of preparation work and planning to assemble the portfolio of targets for drilling in conjunction with preparing our infrastructure to receive this additional gas and condensate. We are particularly proud to be extending our technical capabilities to include the drilling of horizontal wells. Balsam-2 is the company’s first horizontal well in Egypt and is a fitting well to kick off this drilling campaign which effectively targets to develop all the Company’s remaining conventional 2P gas reserves.”

Dana Gas is currently the 4th largest onshore gas producer in Egypt and is firmly committed to pursuing further opportunities in the region, in partnership with local and international energy companies.

About Dana Gas

Dana Gas is the Middle East’s first and largest regional private sector natural gas company established in December 2005 with a public listing on the Abu Dhabi Securities Exchange (ADX). It has exploration and production assets in Egypt, Kurdistan Region of Iraq (KRI) and UAE, with an average output of 68,900 boepd in 2014. With sizeable assets in Egypt, KRI and the UAE, and further plans for expansion, Dana Gas is aimed to play an important role in the rapidly growing natural gas sector of the Middle East, North Africa and South Asia (MENASA) region.


Origine : Communiqué Dana Gas

Voir la fiche entreprise de "Dana Gas"



Les dernières news de "Dana Gas"

  gedays
 
 
Rechercher une news



française internationale








 
Les dernières news internationales


>> Toute l'actualité internationale     >> RSS
 
Recherche de news par tags

abu-dhabi adnoc aker-solutions algeria alstom amec anadarko angola apache australia axens azerbaijan baker-hughes barents-sea bechtel bg-group bp brazil canada carburant cbi centrica cgg chevron china cnooc cnpc co2 commission-europeenne compressor conocophillips consommation cpdp deepwater discovery drilling e-on edf egypt emerson engie engineering eni equinor eu exxonmobil feed flng flowline fluor fluxys fmc foster-wheeler fpso fsru fugro gabon gas gaz gazprom gazprom-neft gdf-suez ge ghana gnl gouvernement gtt gulf-of-mexico hess ifp india indonesia inpex iraq jacobs jgc kazakhstan kbr keppel licence lng lukoil lundin maersk-oil malaysia mcdermott mozambique natural-gas nigeria nigeria nord-stream north-sea norway novatek offshore oman omv opec pdvsa pemex petoro petrobras petrofac petronas pgnig pipeline platform qatar qatar-petroleum raffinerie refinery repsol rig riser rosneft russia rwe saipem santos saudi-aramco schlumberger seadrill shah-deniz shale-gas shell siemens sinopec socar sonangol sonatrach south-stream statoil subsea subsea-7 tap technip technipfmc total transocean tullow turbine ufip uk vallourec vessel vopak well wintershall wood-group woodside



Europétrole © 2003 - 2019