Italian oil and gas major ENI has made a world class super giant gas discovery at its Zohr Prospect, in the deep waters of Egypt.
8The discovery well Zohr 1X NFW is located in the economic waters of Egypt’s Offshore Mediterranean, in 4,757 feet of water depth (1,450 metres), in the Shorouk Block.
8The discovery could hold a potential of 30 trillion cubic feet of lean gas in place (5.5 billion barrels of oil equivalent in place) covering an area of about 100 square kilometres.
8Zohr is the largest gas discovery ever made in Egypt and in the Mediterranean Sea and could become one of the world’s largest natural-gas finds.8This exploration success will give a major contribution in satisfying Egypt’s natural gas demand for decades.
8Zohr 1X NFW was drilled to a total depth of approximately 13,553 feet (4,131 metres) and hit 2,067 feet (630 metres) of hydrocarbon column in a carbonate sequence of Miocene age with excellent 2 reservoir characteristics (400 metres plus of net pay).
Comment: In today's difficult environment, this is a real piece of good news. Given the massive reserves, the cost of production is expected to be economical. And this will add to the global gas supply matrix and keep prices under check by the time it comes on production.
For more details visit indianpetroplus.com
8The discovery well Zohr 1X NFW is located in the economic waters of Egypt’s Offshore Mediterranean, in 4,757 feet of water depth (1,450 metres), in the Shorouk Block.
8The discovery could hold a potential of 30 trillion cubic feet of lean gas in place (5.5 billion barrels of oil equivalent in place) covering an area of about 100 square kilometres.
8Zohr is the largest gas discovery ever made in Egypt and in the Mediterranean Sea and could become one of the world’s largest natural-gas finds.8This exploration success will give a major contribution in satisfying Egypt’s natural gas demand for decades.
8Zohr 1X NFW was drilled to a total depth of approximately 13,553 feet (4,131 metres) and hit 2,067 feet (630 metres) of hydrocarbon column in a carbonate sequence of Miocene age with excellent 2 reservoir characteristics (400 metres plus of net pay).
Comment: In today's difficult environment, this is a real piece of good news. Given the massive reserves, the cost of production is expected to be economical. And this will add to the global gas supply matrix and keep prices under check by the time it comes on production.
For more details visit indianpetroplus.com
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