BP to drill new wells in Atoll, Katameya fields in Nile Delta

BP is preparing to drill two new wells in the Atoll and Katameya natural gas fields in its North Damietta offshore concession in the Nile Delta, according to an Oil Ministry statement. The drilling work will cost USD 280 mn. The Atoll field is expected to produce 100 mcf/d of gas when it comes online in 4Q2020, while the Katameya field will produce 60 mcf/d of gas from 2Q2020.