Offshore staff
SAN DONATO MILANESE, Italy – Eni has started production from the Baltim South West gas field offshore Egypt.
Discovered in June 2016, the field goes onstream 19 months after the final investment decision was approved in January 2018.
The field is in shallow waters 12 km (7.5 mi) off the Mediterranean coast of Egypt in the Baltim South development lease. It lies 10 km (6.2 mi) from the Nooros field, but still within the Great Nooros Area.
With the start-up of the first well, BSW1, the field is producing with an initial rate of 100 MMscf/d from a new offshore platform connected to the existing onshore Abu Madi Gas Plant through a new 44-km (27-mi) long, 26-in. diameter pipeline.
The development program foresees the drilling of five more wells to achieve a production target of 500 MMscf/d by 2Q 2020. Volumes produced by Baltim South West will further contribute to Egypt’s natural gas export capacity.
Eni estimates the overall gas potential from the Great Nooros Area is about 3 tcf of gas in place, of which about 2 tcf are in the Nooros field and the remainder in Baltim South West.
Eni, through its subsidiary Ieoc, has a 50% interest while BP holds the remaining 50% interest of the contractor’s stake in the development lease of Baltim South. The project is executed by Petrobel, the operating company jointly held by Eni and the state corporation Egyptian General Petroleum Corp. (EGPC) on behalf of Medgas, jointly held by contractor (Eni and BP) and EGPC.
09/17/2019
