Eni ups Nooros production, off Egypt

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Just 10 months after the discovery at the Nooros field offshore Egypt, Italian giant Eni has increased production at the field to some 65,000 boe/d.

Image from Eni.

The milestone follows the commencement of production at the Nidoco North 1X exploration well and the Nidoco North West 4 development well.

Nooros is located in the Abu Madi West concession in the Nile Delta, about 120km northeast of Alexandria.

This new milestone, achieved in just 10 months after discovery took place in July 2015, further confirms Eni's near field exploration strategy and allows for the fast development of the findings, the company said.

Daily production at Nooros consists of approximately 10 MMcm of gas, and 5000 bbl of condensates, which is set to provide an important contribution to reduce Egypt gas imports as well as for supplying low cost energy for the country’s development.

Eni said its next target is to increase production up to 140,000 boe/d by the end of 2016, through the drilling of additional wells and facility optimization. In addition, the Italian giant will continue its exploration activities within the license area, where more potential was identified.

Eni, through its subsidiary IEOC, holds a 75% stake in the concession of Abu Madi West. Partner BP holds a 25%.

In the license, operations are being conducted by Petrobel, which is a joint venture between IEOC and the state partner Egyptian General Petroleum Corp. (EGPC).

Read more:

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