Newsletter subscribe

Oil & Gas

BP to drill new wells in Qattameya, Atoll gas fields offshore Nile Delta

BP Concessions
Posted: August 27, 2019 at 1:34 pm   /   by   /   comments (0)

BP is preparing to drill two new wells in the Atoll and Qattameya natural gas fields in its North Damietta offshore concession in the Nile Delta, according to an Oil Ministry statement. The drilling work will cost USD 280 million.

The Atoll field is expected to produce 100 mmcf/d of gas when it comes online in 4Q2020, while the Qattameya field will produce 60 mmcf/d of gas from 2Q2020.