“We are pleased with the award of this licence, which is in line with our ambition to strengthen our business in Egypt,” says Sameh Sabry, DEA’s General Manager in Egypt. “The block is located in DEA’s core region in the Onshore Nile Delta, where we successfully explore the Messinian and Pliocene plays as operator since 2004. The extensive knowledge and experience we gained over the years, the right set of skilled experts and our nearby infrastructure will offer us very good conditions to continue this exploration efficiently”, Sabry adds.
“The proximity of DEA’s Disouq central processing plant and infrastructure provides us with an operational edge, which would enable accelerated development of any discovered volumes as well as considerable synergies and cost optimisations. In addition, the block offers significant potential in pre-Messinian structures, which is in line with our ambition to further grow in Egypt”, underlines Sameh Sabry.
DEA is planning to drill 5 to 7 exploration wells in Block 10 during the first exploration phase of 3 years.
Read the article online at: https://www.oilfieldtechnology.com/exploration/13022019/dea-awarded-new-licence-in-the-onshore-nile-delta/
You might also like
The Norwegian Petroleum Directorate (NPD) has conducted a mapping of gas resources that, for various reasons, have yet to be developed. Several of these discoveries could be produced in a manner that is profitable from a socio-economic perspective.