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BP Announces Significant Gas Discovery In Egyptian Salamat Well

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BP Egypt today announced a significant gas discovery in the East Nile Delta. The deepwater exploration well, named Salamat, is the deepest well ever drilled in the Nile Delta. It is the first well in the North Damietta Offshore concession granted in February 2010 and operated by BP

The well was drilled using the sixth generation semi-submersible rig "Maersk Discoverer" in water depth of 649 metres and reaching a total depth of around 7,000 metres. The wireline logs, fluid samples and pressure data confirmed the presence of gas and condensate in 38m net of Oligocene sands in Salamat. Further appraisal will be required to better define the field resources and to evaluate the options for developing the discovery.

Mike Daly, Executive Vice PresidentExploration at BP, commented: "Success with Salamat proves hydrocarbons in the centre of a 50-km long structure. With a hydrocarbon column in excess of 180 metres, the discovery increases our confidence in the materiality of the deep Oligocene play in the East Nile Delta."

Hesham Mekawi, BP Egypt Regional President said: "The Salamat discovery is a great outcome for our first well in this core exploration programme in the East Nile Delta. It shows our commitment to meeting Egypt’s energy needs by exploring the deep potential offshore the Nile Delta. Standalone and tie-back to the nearby Temsah infrastructure development options are currently being evaluated."

The Salamat discovery is located around 75 kilometres north of Damietta city and only 35 kilometres to the North West of the Temsah offshore facilities. BP has 100% equity in the discovery.

Contact

BP Egypt office: +202 2519 9915
BP London press office: +44 20 7496 4076 bppress@bp.com


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