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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe British company BP announced in a press release published on Sunday, February 16, the start of production of two new wells on the Raven gas field of its West Nile Delta (WND) project in Egypt.
The British multinational is the operator of the project with an 82.75% stake, while Harbour Energy holds the remaining 17.25%. The new wells are expected to produce approximately 220 billion cubic feet of gas and 7 million barrels of condensate
.“Since January 2024, we haven't stopped drilling for a single day. The Raven Infills project aimed to combat natural decline and increase production while maximizing our existing infrastructure to quickly meet the demand of the Egyptian domestic market. This once again demonstrates BP's commitment to investing in Egypt, made possible by the unprecedented support and partnership with the Ministry of Petroleum, EGPC and EGAS,” said Nader Zaki, its regional president for the Middle East and North Africa, in a statement
.The West Nile Delta Gas Development (WND) project includes a series of gas condensate fields located off the coast of Egypt, in the North Alexandria and West Mediterranean Deepwater concessions. The Raven field has been operational since the beginning of 2021. Its initial phase included the development of eight underwater wells, located up to 65 km off the Egyptian coast, at water depths ranging from 550 to 700 meters
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