Eni, BP boost potential of Baltim South West to 1 Tcf

MILAN -- Eni has upgraded the potential of Baltim South West field to 1 Tcf of gas in place following the results of the Baltim South West 2X appraisal well, which was drilled immediately after the discovery well.

Baltim South West field is in the Nile Delta. The field, which has a water depth of 25 m, lies 12 km from the coastline and 10 km from Nooros field, which was discovered in July 2015 and is already on-stream.

With this new well, the gas potential of the Great Nooros Area stands at 3 Tcf of gas in place, of which about 2 Tcf are in Nooros field.

Eni and its partner BP are already working on the development options for this new discovery. As for Nooros, the aim is to maximize synergies with existing infrastructure in the area, Eni said in a statement.

Eni, through its subsidiary IOEC, holds a 50% stake in the Baltim South license, while BP holds the remaining 50% stake. The operator is Petrobel, a joint venture between IEOC and the state company Egyptian General Petroleum Corporation.