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Within the next 24 months, Africa will play host to several High
Impact Wells, one of which will be located within the Levantine
Basin offshore Egypt.
In Block 6, Dana Gas' Thuraya 1 well will target dual
objectives: two low relief four-way dip closures in the Oligocene
basin floor fan sandstones and a Cretaceous-(Paleogene?) 800-m
vertical reef complex analogous to the Zohr field. With a potential
of several Tcf of wet gas, the prospect to be drilled is
strategically positioned to feed Egypt's East Med. Gas Hub and fill
the decline curve of the region's producing fields in a few
years.
As the well's technical design studies get underway, Dana Gas
CEO Dr. Patrick Allman-Ward talks to IHS Markit's Cyril Ruchonnet,
Associate Director for African Regional Research, about this
potential new game changer for Egypt's gas sector.
Since 2021 it has been observed a strong reduction of stacked OSVs. The increasing demand has encouraged companies… https://t.co/TcqJsN4JMp
Jul 05
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