Eni of Italy said it has made a “supergiant” gas discovery at its Zohr Prospect, in the deep waters of Egypt.
The 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, signed in January 2014 with the Egyptian Ministry of Petroleum and the Egyptian Natural Gas Holding Company (EGAS).
The 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, Eni said in a statement.
Zohr 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, according to Eni.
Eni will immediately appraise the field with the aim of accelerating a fast track development of the discovery.
Zohr 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 reservoir characteristics (400 metresplus of net pay). Zohr’s structure has also a deeper Cretaceous upside that will be targeted in the future with a dedicated well.
Eni, through its subsidiary IEOC Production, holds a 100% of the contractor’s working interest in the Shorouk Block and is the operator of the concession.
Image: Eni