Egyptian Ministry of Petroleum and Mineral Resources Announce On Saturday, May 2, a new discovery of natural gas was made in the Nile Delta, with production rates estimated at approximately 50 million cubic feet per day.
Discovery He follows Successfully drilling the Nidoco N-2 exploration well in the offshore concession, according to a statement issued on Saturday.
It was the well holes In the West Abu Madi development area in Kafr El-Sheikh Governorate, about 3 kilometers from the beach, in shallow water at a depth of about 10 meters.
Ministry He said Drilling was carried out using an EDC 56 driller (an electrically powered device designed to drill oil, gas or water wells), and the operation was carried out from the ground using advanced directional drilling techniques.
The Ministry added that using such modern methods Help Reduce costs and improve overall operational efficiency. Minister of Petroleum Karim Badawi He added This discovery is expected to support production growth alongside increases in existing fields.
Him too linked He pointed out that the broader momentum in exploration and drilling activity leads to timely payment of amounts owed to foreign partners, noting that improving the settlement of partners’ obligations encourages companies to intensify exploration efforts, raise drilling and production rates, and expand the development of mature fields through extending agreements.
Bedouin further Confirm Strategic advantage of the new well location. He said that He lies It is a short distance from existing infrastructure, less than 2 kilometers from the nearest production facilities, allowing it to be connected to the production network within weeks to support early production and improve investment efficiency.