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Oil & Gas

EGAS source: Zohr estimated reserves revised up to 32 tcf from 30 tcf

Posted: July 11, 2016 at 2:53 pm   /   by   /   comments (0)

zohrEstimated gas reserves at the Zohr field have been revised up to 32 tcf (trillion cubic feet) from an initial estimate of 30 tcf, a source at EGAS told Al Borsa.

Eni is currently drilling its fifth appraisal well, out of six wells planned for the first phase of the project. The source said each well costs around USD 100 mn to drill.

(Source: Enterprise.press)