Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, along with several petroleum leaders, inspected the development of the West Delta fields in the Mediterranean. They focused on the offshore drilling of two new natural gas wells at the Ravin field, developed by BP.
The production from the two wells, West Ravin- 4 and West Ravin is targeted to increase to 200 million cubic feet per day (mmcf/d) of natural gas and 8,000 barrels per day of condensates during the Q3 of the fiscal year (FY) 2024/25 with costs estimated at $200 million.
Another two wells are planned to be drilled after completing those two wells at Giza and Fayoum regions in the Mediterranean with investments of $120 million.
The inspection tour, which took place on the board of Valaris DS-12 ship, reviewed matters relating to health, safety and environment standards, the technologies applied in the operations and the latest development of the two wells. Badawi stressed the importance of such operations in cooperation with major partners, such as bp, to increase production of natural gas by using the new technologies.
He praised the efforts exerted by the company in Egypt for 60 years, which will have positive impact during the coming period and is consistent with the priorities of increasing production in the oil and gas sector.
The minister indicated that there are many investment opportunities to grow and develop the partnership between the petroleum sector and bp in the Mediterranean.
Additionally, Badawi appreciated the role of the teamwork participated in the drilling operations. He highlighted the importance of the human capabilities in achieving the goals of increasing production. He affirmed his full support and facilitated all ways to boost those cadres.
It is worth noting that the drilling of new wells in West Delta area is part of the expanded work plan to drill new wells for exploration and production for natural gas in bp’s operating and concession areas in the Mediterranean. The plan includes drilling the exploratory well (King-2) in the northern King Mariout area as part of the company’s expansion operation plan. This is in addition to drilling the exploratory well (Fayoum-5) in the West Nile Delta fields as part of exploring new natural gas-bearing layers in the currently existing gas fields.
The West Nile Delta fields development project features production facilities connected by long subsea pipelines in deep waters, extending to the onshore gas processing plant for the Raven field.
