BP Egypt finds deepwater gas in Nile Delta

BP Egypt announced what it is calling a significant gas discovery, Hodoa, in the deepwater West Nile Delta. Further appraisal is under way.

By OGJ editors
HOUSTON, Nov. 24
-- BP Egypt announced what it is calling a significant gas discovery, Hodoa, in the deepwater West Nile Delta. Further appraisal is under way.

BP drilled the WMDW-7 well on the Nile Delta concession some 80 km northwest of Alexandria to a depth of 6,350 m in 1,077 m of water.

It’s the first Oligocene deepwater discovery in the West Nile Delta area, said BP, which operates the concession. RWE Dea holds 20% interest in the concession.

BP, which has has operated in Egypt nearly 50 years, has invested more than $17 billion there.

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