Eni reaches new Nooros record

Eni’s Nooros field offshore Egypt reached a new record in 13 months of 128,000 boe/d, with plans to drill more wells in the area.

Image from Eni.

The Italian giant confirmed production at Nooros reached 700 MMcf/d, corresponding to 128,000 boe/d of which 67,000 boe/d is net to Eni.

Nooros is in the Abu Madi West concession in the Nile Delta, about 120km northeast of Alexandria. The field was discovered in July 2015, and put into production two months later in September.

“This record-setting production represents an important milestone achieved just 13 months after the discovery and ahead of schedule thanks to the success of the last exploration wells drilled in the area of ​​Nidoco and the drilling of new development wells,” Eni said.

The 700 MMcf/d mark is guaranteed by seven well, Eni said, and with the further drilling of additional wells, the field is expected to reach a maximum production capacity of about 160,000 boe/d in the spring of 2017.

The gas and condensate produced at Nooros are sent to Abu Madi’s treatment system, located 25km from the discovery and then allocated in the Egyptian network.

The development of Nooros aims to unlock the presence of additional exploration potential located nearby the existing infrastructures. In addition, the company’s costs are amongst the lowest in its portfolio, due to the mature operating environment and the conventional nature of the project, Eni said.

The development and production of the Nooros field are operated by Petrobel on behalf of Nidoco Co., a joint venture between IEOC, BP and the state company Egyptian General Petroleum Corp. (EGPC).

Eni is the operator through its subsidiary IEOC Production BV, which holds a 75% stake in the concession, while BP holds the remaining 25%.

In June, Eni and 50:50 partner BP confirmed a new significant gas discovery in the Baltim South West exploration prospect, in the East Nile Delta offshore Egypt, just 10km north of the Nooros field. Eni said that the discovery further confirms the significant potential of the Great Nooros Area, which is now estimated to hold 70-80 Bcm of gas in place.

Read more:

Eni, BP hit big off Egypt

Eni ups Nooros production, off Egypt

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