BP announces third gas find in Egypt’s East Nile Delta

BP Plc announced Sunday that it has made another important gas discovery in the North Damietta Offshore Concession in Egypt’s East Nile Delta, its third in the block.

The Qattameya Shallow-1 exploration well was drilled to a total depth of 1,961 metres in water depth of around 108 metres by using the El Qaher II Jackup, BP said in a statement.

Electric drill records pressure data and fluid samples all confirmed a 37-metre thick gas carrier layer in sand rocks. The company is now studying the possible options to link that find to the existing infrastructure.

“This latest discovery confirms our belief that the Nile Delta is a world-class basin,” BP chief executive Bob Dudley said in a statement.

The well is located 60 kilometres (37 miles) north of Damietta city in northern Egypt. BP has 100 percent equity in the discovery.