BP announces third gas discovery in North Damietta concession

BP announced a gas discovery from the Katameya Shallow-1 exploration well at the North Damietta Offshore Concession in the East Nile Delta. “The wireline logs, pressure data and fluid samples confirmed the presence of 37 metres of net gas pay in high quality Pliocene sandstones. Options to tie the discovery back to nearby infrastructure are being studied.” BP CEO Bob Dudley said “Qattameya marks our third discovery in the block where we are already developing the Atoll field and appraising the Salamat discovery. This latest discovery confirms our belief that the Nile Delta is a world-class basin.” The find is BP’s third in the concession. Tap here for a larger version of the map above or here to read the press release in full (in MS Word).