Eni makes major oil find in Egypt’s Western Desert

27 May 2012

Emry Deep well capable of producing 10,000 b/d is among largest in the region

Italian oil group Eni has made a major oil discovery in Egypt’s Western Desert capable of producing about 10,000 barrels a day (b/d) of crude.

The find was made at the Emry Deep exploration project, 290 kilometres south-west of Alexandria, with production tests pumping 3,500 b/d of crude and 1 million cubic feet a day of associated gas.

The discovery is one of the largest oil finds in the Western Desert region, where producing fields are typically smaller, producing less than 3,000 b/d.

Eni estimates the Emry Deep 1X well to hold 150-250 million b/d of oil, which the company intends to transport to nearby treatment facilities at the Meleiha field.

Eni holds a 56 per cent stake in the Meleiha concession through International Egyptian Oil Company (IEOC), which itself owns 40 per cent of Agiba, the operator of Emry Deep.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.