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Oil & Gas

First gas from West Nile Delta contributes to DEA’s growth

Posted: May 10, 2017 at 9:08 pm   /   by   /   comments (0)

DEA• Production from the West Nile Delta (WND) project commenced.
• First gas ahead of schedule and production above plan.
Production from the offshore WND gas fields commenced on 24 March 2017 from the first two fields, Taurus and Libra. Nine wells have now been commissioned and the fields are currently producing at a flow rate of more than 700 million cubic feet of gas per day.

“West Nile Delta is the largest new gas project that has been brought into production in Egypt in the last years. Its gas will contribute materially to the energy balance in the country. It is also one of the largest investment projects within DEA’s portfolio and we are pleased that the first gas milestone has been reached,” says Thomas Rappuhn, Chief Executive Officer of DEA Deutsche Erdoel AG.

“DEA was already involved in this project in its exploration phase and I would like to thank the team for the successful and professional implementation of the first part of the project,” Thomas Rappuhn adds.

“DEA is proud of being an active partner in this project. All members of the project team, within BP as the operator and DEA, have done an excellent job in order to achieve the production launch,” says Thomas Radwitz, General Manager of DEA Egypt. “We are pleased to be able to start up production from this complex project just a bit more than two years since the final agreements for development were signed. Due to efficient project management, the team was able to deliver below budget and ahead of the original start-up schedule,” underlines Thomas Radwitz.

About the WND project

DEA has a 17.25% working interest in North Alexandria and West Mediterranean Deep Water concessions with BP being the operator and owner of the remaining share.

WND Detail

The West Nile Delta fields are located approximately 65 to 85 kilometres off the coast of Alexandria – Egypt. The gas and condensate fields are being developed in several phases. During the first phase, five major fields are under development: Taurus, Libra, Giza, Fayoum and Raven. Additional discoveries are planned to be developed at a later stage.

The Giza, Taurus, Libra and Fayoum fields hold gas resources within the Pliocene formations, while the Raven field holds gas resources in the deeper Miocene formations.

In March 2015, the project partners DEA and BP signed the final project agreements, including the life- of-field gas and condensate delivery agreement with Egypt General Petroleum Company (EGPC), upon which the project execution started.

The two fields Taurus and Libra have been developed subsea, with a total of nine wells and an offshore tie-back of 42 kilometre length to existing offshore infrastructure.

The other three fields, Giza, Fayoum and Raven, are planned to be brought into production in 2019. Giza, Fayoum and Raven will be tied-back to the shore over long distance and deep-water. The existing Rosetta plant will be modified for Giza and Fayoum and integrated into a new adjacent onshore processing plant for Raven.

(DEA Group Press Release)

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