Energy giant BP announced it has made a “significant” gas discovery after drilling the “deepest well ever” in the East Nile Delta region.
Located around 75 kilometres north of Damietta city in Egypt, the Salamat deepwater exploration well was drilled in water depth of 649 metres – reaching a total depth of around 7,000 metres.
BP said further assessment will be required to better define the field resources and evaluate the options for developing the discovery.
Mike Daly, Executive Vice President Exploration at BP said: “Success with Salamat proves hydrocarbons in the centre of a 50-km long structure. With a hydrocarbon column in excess of 180 metres, the discovery increases our confidence in the materiality of the deep Oligocene play in the East Nile Delta.”
To date, BP has produced almost 40% of Egypt’s entire oil production and currently produces almost 15% of Egypt’s annual oil production.
Last month the British energy giant also announced a new gas discovery with an Indian private sector company off the east coast of India.