Energean's production increased by 49% year-on-year to 142 kboed, with 82% being gas, according to its latest trading statement and operational update.
Offshore staff
ATHENS, Greece — Energean’s latest infill drilling campaign in the West Nile Delta offshore Egypt has proven more gas than anticipated.
A well on the shallow-water Abu Qir Field drilled from the North Abu Qir PII platform delivered 270 ft of net pay across the BKES-1 and Abu Madi formations, twice pre-drill expectations.
Early analysis suggests 87 Bcf to 129 Bcf in place. The well also encountered a possible liquids column of about 55 ft.
First production should follow this summer.
Offshore Sicily, drilling operations continue on the Eni-led Cassiopea gas field development, with startup expected during the third quarter.
