Egypt gives go-ahead to Dana to develop Nefertiti field

ship  ArgenbergDana, in partnership with Inpex, drilled the Nefertiti-2X in the Gulf of Suez at the end of 2012. (Image source: Argenberg/Flickr)Dana Petroleum has been given the green light from the Egyptian government to develop the Nefertiti field in the Gulf of Suez

The go-ahead for development has followed the successful completion of an appraisal well.

Dana, in partnership with Inpex, drilled the Nefertiti-2X at the end of 2012. The well tested at a maximum stabilised flow rate of 1,850bpd with an Electrical Submersible Pump. The field will be expected to produce around 2,500bpd when it came onstream in around six months.

Petroleum and mineral resources minister Osama Kamal approved the lease on 20 January 2013.

Dana’s MD in Egypt Nick Dancer said, “The Nefertiti field is a first for Dana in that it is an offshore field that we have explored by drilling extended reach wells from an onshore location. While increasing the complexity of the wells, it reduces the drilling and subsequent development costs and reduces development time as well as protecting the offshore environment including a number of coral reefs.

“We are delighted that we’ve been given a go-ahead to progress the development, and also undertake further drilling in the area to test a different play concept in the Nefertiti Field.”

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