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San Donato Milanese (Milan), 12 September 2016 - Eni reached a production of 700 million cubic feet of gas per day, corresponding to 128,000 barrels of oil equivalent per day (boed) of which 67,000 net to Eni, from Nooros field, discovered in Egypt in July 2015 in the Nile Delta offshore and put into production in September 2015.
This record—setting production represents an important milestone achieved just 13 months after the discovery and ahead of schedule thanks to the success of the last exploration wells drilled in the area of Nidoco and the drilling of new development wells.
The production of 700 million cubic feet of gas per day is currently guaranteed by 7 wells; furthermore, with the drilling of additional wells, the field is expected to reach a maximum production capacity of about 160,000 boed in the spring of 2017. The gas and condensate produced are sent to Abu Madi’s treatment system, located 25 kilometers from the discovery and then allocated in the Egyptian network.
The development of Nooros, which reached a record production capacity in just 13 months, is an important achievement within Eni’s near field exploration strategy, aimed to unlock the presence of additional exploration potential located in proximity to the existing infrastructures. Also, thanks to the mature operating environment and the conventional nature of the project, production costs are among the lowest in Eni’s portfolio.
The development and production of Nooros field are operated by Petrobel on behalf of Nidoco company, a joint venture between IEOC, BP and the state company Egyptian General Petroleum Corporation (EGPC).
Eni has been present in Egypt since 1954 where it operates through its subsidiary IEOC Production BV which holds a 75% stake in the concession, while BP holds the remaining 25%.
Eni's equity production in the country was in 2015 about 200 thousand barrels of oil equivalent per day.
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EnergIA (ener'dʒia) is a system based on Generative Artificial Intelligence.
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EnergIA (ener'dʒia) is a system based on Generative Artificial Intelligence.
Thanks to this technology, we can respond to your requests by querying the most relevant content and documents available on eni.com. (Note: financial documents from the last 12 months and press releases from the last 2 years are considered.)
Through EnergIA, you can delve into topics of interest and have a real-time window into the world of Eni.
If you wish to search for a specific document, press release or news, use the traditional search engine via the magnifying glass icon.
Like all systems that leverage Generative Artificial Intelligence, EnergIA may generate inaccurate or outdated responses. Always consult the sources that EnergIA proposes as the origin of the generated information.
If the system fails to find an exact match for the requested content, it still tends to provide a response.
If you find any inaccuracies in the provided response, please send us your feedback at the bottom of the page: it will be very helpful for us to improve.
Remember that the content generated by the system does not represent Eni’s official position. We therefore invite stakeholders to refer to their designated contacts for official statements: Press Office for journalists, Investor Relations for analysts and investors, Company Secretariat for shareholders etc..
EnergIA can understand questions posed in almost all languages, but we prefer to provide you with a response in English or Italian, the two languages available on eni.com. If you ask a question in Italian, the content on the site in Italian will be consulted. If you ask it in English or any other language, the content in English will be consulted. (Note: the language Eni uses for financial documents/content is predominantly English.)
If questions are formulated that violate the set security criteria, the system will not proceed with processing the response. Please remember not to send personal data.
By using this service, the users acknowledge that they have read and accepted the terms and conditions of use.
A new window into Eni’s world, at your disposal. EnergIA is an innovative tool based on artificial intelligence capabilities, which can help you navigate the contents of eni.com, quickly finding answers to your questions.