German oil and gas company Wintershall Dea has discovered a natural gas in Egypt’s East Damanhour exploration block in the onshore Nile Delta, the company announced in a statement on Wednesday.
Under the licensees, the operator Wintershall Dea and its partners Cheiron Energy with, INA Group, as well as the state-run EGAS will assess the discovery as a possible tie-back development towards the nearby infrastructure at Disouq.
The Disouq gas development project is operated by DISOUCO, a Joint Venture between Wintershall Dea and EGAS for cooperation in the field of carbon emissions reduction in Desoup concession area.
“This discovery is another value-accretive exploration success in one of our well-established exploration areas,” said Georg Bresser, Senior Vice President Global Exploration.
Bresser continued that east Damanhour acreage in the vicinity of our production infrastructure allows to quickly develop commercial discoveries and to make additional gas resources available.
East Damanhour discovery is a positive sign for Wintershall Dea, which aims to expand and grow in Egypt, said Sameh Sabry, senior vice president and managing director BU Egypt.
Egypt is the wider region and the world badly need additional energy resources and Wintershall Dea is doing all it can to deliver additional volumes, Sabry added.
In November 2021, Wintershall Dea started exploration at East Damanhour, as it was made as the second exploration well in this licence.
Noteworthy, that ED-2X well is located around three kilometres north of the existing Disouq field. The well encountered a 43-metre thick gas bearing reservoir with a gas-water contact at 2627 metres.
