BG Hits Again Offshore Egypt

BG Egypt and Edison have announced the successful drilling of the Saurus-1 well in the West Delta Deep Marine Concession (WDDM), off the Nile Delta, Egypt. The discovery continues a 100 percent drilling success rate in the WDDM concession, bringing the total number of successful exploration and appraisal wells to 13.

Saurus-1, located 120 kilometers north of Alexandria, is the first well to be discovered in the Saurus prospect in the west of the concession in a water depth of 630 meters. The well was drilled by Atwood Oceanics' semisubmersible, Atwood Eagle. It tested on a 56/65-inch choke at a flow rate of 30.89 million standard cubic feet of gas per day.

High quality geoscience interpretation using 3-D seismic data enabled the well to deliver as originally predicted. An extensive logging program including pressure tests has confirmed a high net to gross channel in excess of 100 meters thick which contains a fully connected gas column.

Stuart Fysh, Vice President, BG Egypt, said: "Given our experience and knowledge of drilling in deepwater terrain in this concession, BG and partners were able to implement a fast-track economic drilling program realizing substantial cost savings. Together with partners we have developed innovative processing technology which enables us to map gas reserves from seismic data, enhancing our reputation as best in class to drill deepwater gas prospects quickly and efficiently."

Burullus Gas Company, a joint venture between BG Egypt, Edison International S.p.A., and Egyptian General Petroleum Corporation (EGPC), is responsible for the drilling and field development of the WDDM Concession.