HomeTechnologyArab Finance - BB announces the success of digging the Fayoum -5...

Arab Finance – BB announces the success of digging the Fayoum -5 well with promising discoveries


BP announces the success of digging the Fayoum -5 well with promising discoveries

Arab Finance: BP announced the success of drilling operations in the “Fayoum-5” exploratory well, located in the Mamaria area north of Alexandria, to be the last well as part of the drilling campaign consisting of four wells in the West Nile Delta project.

Well drilling operations began on February 14, 2025 using the Valeris DS-12 digger and resulted in the discovery of four possible gas tanks from the Missini era, at a depth of approximately 2,860 meters, with a total sand thickness of 50 meters.

This discovery is also expected to link to the existing land facilities of the West Nile Delta project occupied by BP. The discovery of “Fayoum-5” is the second discovery of BP in the region, after the “King-2” gas well located in the northern King Mariout franchise.

In this context, Nader Zaki, the regional president of BP in the Middle East and North Africa, stated: Since January 2024, our marine drilling operations have continued without interruption, this successful discovery of the “Fayoum-5” well, after the last completion of the “King-2” well, as well as the start of production from the second phase of the RID well development project, confirmation of the continued commitment of BP to invest in Egypt to support the demand The growing local on gas, as a strategic partner for the Egyptian energy sector. “

For his part, Eng. Wael Shaheen, the regional vice president of BP Egypt added: “We are keen to maximize production from current resources, explore new opportunities, and make the maximum benefit from our infrastructure, the success of this last discovery highlights our recent announcement of the success of drilling operations in the King-2''a exploration well-the strategic advantage of these discoveries, because of its proximity to the current infrastructure in The west of the Nile Delta, allowing the acceleration of production operations. “

The West Delta project includes several gas fields located off the coast of northern Egypt, within the privileges of northern Alexandria and the deep water area in the western Mediterranean. The Rivin field is the last stage of the project, where production began in early 2021, including the development of eight marine wells extending up to 65 km from the beach, and at depths ranging between 550 and 700 meters. BP, the project operator, owns 82.75?, While Harbor Energy owns 17.25?

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