The Baltim South West field offshore Egypt has the potential to hold 1 Tcf of gas in place, according to Eni.
Image from Eni.
The Italian giant, along with 50:50 partner BP, upgraded the field’s potential following the results of the Baltim South West 2X appraisal well, which encountered a gas column of 102m overall, in two sand layers of Messinian age with excellent reservoirs.
The Baltim South West field is in the conventional waters of the Nile Delta, in 25m water depth, about 12km from the coastline and just 10km from the Nooros field, discovered in July 2015 and is already in production.
With this new well, the gas potential of the so-called “Great Nooros Area” reaches 3 Tcf of gas in place, of which about 2 Tcf are in the Nooros field, while the remaining are in the new independent discovery of Baltim South West, Eni said.
The partnership is currently working on the development options for this new discovery.
As for Nooros, Eni said that the aim is to maximize synergies with existing infrastructures of the area, in accordance with the “near field” exploration strategy adopted by Eni to leverage on high value opportunities that can grant a quick development of new discoveries.
The Baltim South West 2X was drilled immediately after the successful drilling of the discovery well Baltim South West 1X in June. The Baltim South West 1X encountered about 120m of gross gas column of Messinian age with excellent reservoir properties, after reaching 3750m depth.
Eni holds a 50% stake in the license of Baltim South through its subsidiary IOEC, while BP holds the remaining 50% stake. The operator is Petrobel, a joint venture between IEOC and the state company Egyptian General Petroleum Corp. (EGPC).