Eni group has Egypt Western Desert oil discovery

A group led by a subsidiary of Eni SPA has made a third light oil discovery in Egypt’s Western Desert on the Meleiha concession, where oil production is rising and considerable exploratory potential is said to remain.

An exploratory well on the Rosa North deep prospect encountered a combined 80 m of oil pay in multiple sandstone reservoirs at more than 2,200 m and flowed at commercial rates, said participant Lukoil Overseas.

The group will drill at least two development wells this year, and each well is expected to go on line at 2,000 b/d, Lukoil said.

Rosa North follows the group’s 2010 Arcadia discovery and 2012 Emry Deep find. Meleiha produced 1.2 million tons of oil in 2012, and the group has shot and interpreted 3D seismic on the block.

Eni’s International Egyptian Oil Co. has 56% interest in Meleiha, Lukoil Overseas 24%, and Mitsui & Co. 20%.

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