Drilling from shore pays off for Nefertiti project in Gulf of Suez

Egypt’s government has approved further development of the offshore Nefertiti oil field in the Gulf of Suez.

Offshore staff

ABERDEEN, UK– Egypt’s government has approved further development of the offshore Nefertiti oil field in the Gulf of Suez.

This follows the successful completion at the end of last year of the Nefertiti-2X appraisal well drilled by Dana Petroleum in partnership with INPEX.

That well tested at a maximum stabilized flow rate of 1,850 b/d with an electrical submersible pump. When the field comes onstream around mid-year, it should produce about 2,500 b/d.

Eng. Osama Kamal, the Egyptian Minister of Petroleum and Mineral Resources, approved the lease on Jan. 20.

Dana’s managing director in Egypt, Nick Dancer, said, “The Nefertiti field is a first for Dana in that it is an offshore field that we have explored by drilling extended-reach wells from an onshore location. Whilst increasing the complexity of the wells, it reduces the drilling and subsequent development costs and reduces development time as well as protecting the offshore environment including a number of coral reefs.

“I’m delighted we’ve been given the green light to progress the development, and also undertake further drilling in the area to test a different play concept in the Nefertiti field.”

2/5/2013

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