Eni publicizes a fuel discovery within the Egyptian Western Desert. The discovery nicely has been drilled on the Faramid South exploration prospect situated in East Obayed concession, 30 km North-West of the Melehia Concession. The nicely reached the goal depth of 17,000 ft and encountered a number of fuel bearing layers within the Kathabta sandstones of Jurassic age.

The nicely has been opened to manufacturing delivering 25 MMscfd, confirming the potential of the East Obayed Concession.

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Eni has began the research to develop these related fuel reserves that, along with the fuel potential of the Melehia Concession, can contribute to extend the nation fuel manufacturing from the Western Desert basin.

Eni, by its Operating Company AGIBA, which is equally held by Eni subsidiary IEOC and the Egyptian General Petroleum Corporation (EGPC), at the moment produces 55,000 boed from the Egyptian Western Desert. AGIBA owns 100% of the East Obayed Concession.

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Eni has been current in Egypt since 1954, the place is the principle producer with roughly 320,000 boed fairness. Such manufacturing is anticipated to additional develop throughout the yr, because of the ramp up of Zohr discipline.

Source: www.worldoil.com

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