Page 18 - AfrOil Week 43

AfrOil NEWS IN BRIEF AfrOil

UPSTREAM production from the field is directed to Egypt’s the CTF Rig-06 and encountered a signifi-
national grid. cant oil-bearing upper reservoir interval in the
BP starts gas production BP, October 26 2020 Douleb that represents an extremely attractive
future development opportunity.
from Qattameya field Panoro Energy says deeper Bireno reservoir, which proved to be
The sidetrack then penetrated the targeted
offshore Egypt Guebiba 10 well successful oil-bearing and broadly in line with expecta-
tions. The Bireno reservoir will be produced
BP has announced the start of gas production side-track and production first, pending future development of the Douleb.
from its latest development offshore Egypt, the The well is now temporarily closed in whilst the
Qattameya gas field in the North Damietta off- target achieved in Tunisia rig is demobilised from the well location, it is
shore concession. expected to be on stream by mid-November. In
Through BP’s joint venture, Pharaonic Petro- Panoro Energy has announced that the Guebiba due course, following depletion of the Bireno,
leum Co. (PhPC), the field, which is expected to 10 sidetrack well (Gue-10AST) located in the the Douleb reservoir will be produced and is
produce up to 50mn cubic feet (1.42mn cubic Guebiba oilfield in Tunisia and part of the Thyna expected to deliver high rates of production for
metres) per day of gas, has been developed Production Services (TPS) concession has been a number of years.
through a one-well subsea development and tie- successfully drilled and completed. The Gue- This is the first well to be drilled at TPS since
back to existing infrastructure. 10AST well encountered two separate commer- 2015, reflecting Panoro’s and partner ETAP’s
Karim Alaa, BP’s North Africa regional presi- cial oil zones, with very encouraging results. resolve to increase production in this important
dent, said: “By building on BP’s significant exist- In addition, during October, production has set of oil fields forming the TPS concessions.
ing assets and infrastructure offshore Egypt, we several times exceeded 5,000 barrels per day Panoro Energy, October 26 2020
were able to develop Qattameya efficiently and (bpd) of oil, with average gross production lev-
economically. Creating value through high els at TPS for the month of October to date of Europa Oil & Gas granted
quality, efficient oil and gas developments is a 4,850 bpd (Panoro net 29.4%), prior to any con-
key part of bp’s strategy. We see this as a great tribution to come from Gue-10AST. A number one-year extension to
example of resilient hydrocarbons development. of planned workover activities have also been
“We are proud to have brought this project completed, with others still underway. Inezgane licence area
safely onstream through an extremely chal- John Hamilton, CEO of Panoro, said: “We
lenging period. Our team continues to work to congratulate the entire teams at Panoro, ETAP, offshore Morocco
support Egypt [in] realising the potential of its and TPS for the close collaboration on the suc-
energy resources, adding to our track-record of cessful drilling of the first well at TPS in the last Europa Oil & Gas has announced that the
delivery and enabled by our established partner- five years. We had been able to resume post- Office National des Hydrocarbures et des Mines
ships with the Egyptian petroleum sector.” poned operational activities in August, and the (ONHYM), the Moroccan regulatory body, has
Qattameya, whose discovery was announced results are now starting to be harvested, despite granted the Company a one year extension to
in 2017, is located approximately 45 km west of very challenging logistical circumstances due to the initial phase of the Inezgane Exploration
the Ha’py platform, in 108 metres of water. It the current pandemic. The JV has raised pro- Permit to November 2022. The one-year exten-
is tied back to the Ha’py and Tuart field devel- duction from about 4,000 bpd in the first half sion was granted for the time lost as a result of
opment via a new 50-km pipeline and is also of the year to approximately 5,000 bpd. Further the COVID-19 global pandemic and will enable
connected to their existing subsea utilities via a workover activity is also underway and we look Europa to complete its ongoing technical work
50-km umbilical. forward to continuing to deliver organic growth programme. This is focused on further de-risk-
BP holds 100% equity in the North Damietta at the TPS assets.” ing 30 prospects and leads which the Company
offshore concession in the East Nile Delta. Gas The Gue-10A sidetrack was drilled with estimates have the potential to hold in aggregate
close to 10mn barrels of unrisked oil resources.
Europa holds a 75% interest in and oper-
atorship of the Licence, which covers an area
of 11,228 square km in the Agadir Basin, with
ONHYM holding the remaining 25% inter-
est. Since the award of the Licence in Novem-
ber 2019, activity has centred on interpreting
extensive 3D seismic legacy data to de-risk large
prospects in the Lower Cretaceous play. Of the
30 prospects and leads identified to date, 14 are
prospects – each, Europa estimates, with mean
resources in excess of 150mn barrel of oil equiv-
alent (boe).
These prospects have stacked reservoir
potential and include a wide range of struc-
tural styles including, for example, four-way dip
closures in the case of the 827mn boe Falcon
and 204mn boe Turtle prospects. Europa has
assigned a geological chance of success to these
prospects of 20-35%.

P18 www. NEWSBASE .com Week 43 28•October•2020