Dana Gas makes new Egypt gas discovery

30 June 2013

Sharjah-based group expects to add new capacity in the Nile Delta

The UAE’s Dana Gas has made a new commercial gas discovery at its West el-Manzala concession in the Nile Delta, Egypt.

A test on the Begonia-1 discovery in the Lower Abu Madi formation produced 9.4 million cubic feet of gas with 133 barrels of condensate. Dana Gas evaluated resources in the formation at 7-15 billion cubic feet and about 100,000 barrels of condensate.

The company plans to tie Begonia-1 into the existing South Abu el-Naga flow line, which will transport the gas to the El-Wastani gas processing plant. The field is expected to add 1,600 barrels of oil equivalent a day (boe/d).

Dana Gas’ existing Egyptian gas assets produced an average of 33,600 boe/d in the first five months of 2013. The group also has producing assets in the Kurdistan Region of Iraq and is developing an offshore gas field on the border of UAE emirates of Ajman and Sharjah.

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