Wintershall Dea has found gas in its East Damanhour exploration block in the onshore Nile Delta.

The licensees, operator Wintershall Dea (40%) and partners Cheiron Energy (40%) and INA (20%), as well as the Egyptian Gas Holding Company (EGAS), will assess the discovery as a possible tie-back development towards the nearby infrastructure at Disouq. The Disouq gas project is operated by DISOUCO, a Joint Venture between Wintershall Dea and EGAS.

Georg Bresser, Senior Vice President Global Exploration, said: “This discovery is another value-accretive exploration success in one of our well-established exploration areas. The East Damanhour acreage in the vicinity of our production infrastructure allows to quickly develop commercial discoveries and to make additional gas resources available.”

Sameh Sabry, Senior Vice President and Managing Director BU Egypt, said: “Wintershall Dea wants to grow in Egypt and this discovery is a positive sign. Egypt, the wider region and the world badly need additional energy resources and Wintershall Dea is doing all it can to deliver additional volumes.”

Wintershall Dea started exploration at East Damanhour in November 2021. The discovery was made as the second exploration well in this licence. The ED-2X well is located around three kilometres north of the existing Disouq field. The well encountered a 43-metre thick gas bearing reservoir with a gas-water contact at 2627 metres. A thorough and fit for purpose data acquisition program has been carried out in the well and the discovery has been tested at peak production of 15 million standard cubic feet per day.

About Wintershall Dea

Wintershall Dea is Europe’s leading independent natural gas and oil company with more than 120 years of experience as an operator and project partner along the entire E&P value chain. The company with German roots and headquarters in Kassel and Hamburg explores for and produces gas and oil in 12 countries worldwide in an efficient and responsible manner. With activities in Europe, Russia, Latin America and the MENA region (Middle East & North Africa), Wintershall Dea has a global upstream portfolio and, with its participation in natural gas transport, is also active in the midstream business. More in our Annual Report.

As a European gas and oil company, we support the EU's 2050 carbon neutrality target. As our contribution we have set ourselves ambitious targets: We want to be net zero across our entire upstream operations – both operated and non-operated – by 2030. This includes Scope 1 (direct) and Scope 2 (indirect) greenhouse gas emissions on an equity share basis. Wintershall Dea will also bring its methane emissions intensity below 0.1 per cent by 2025 and maintain zero routine flaring of associated gas in its operations. In addition, we plan to reduce emissions resulting from the use of hydrocarbons by applying CCS and low-carbon hydrogen technologies, potentially building up a business abating 20-30 million tonnes of CO2 per annum by 2040. You can find more about this in our Sustainability Report.

Wintershall Dea was formed from the merger of Wintershall Holding GmbH and DEA Deutsche Erdoel AG, in 2019. Today, the company employs around 2,500 people worldwide from almost 60 nations.