Eni Unveils 2 Tcf Gas Discovery Offshore Egypt, Unlocking Fast Track Development Potential
Italy, April 7 -- Eni announces a significant gas and condensate discovery in Egypt, with the successful drilling of the Denise W 1 exploration well in the Temsah Concession, located offshore in the Eastern Mediterranean. Preliminary estimates indicate about 2 trillion cubic feet (Tcf) of gas initially in place (GIIP) and 130 Mbbl of associated condensates.The Denise W discovery lies 70 km offshore in 95 m of water depth and less than 10 km from existing infrastructure, enabling substantial synergies for a fast-track development. Similarly to the nearby Temsah field, which has been in production since 2001, it features a gas-bearing sandstone reservoir of excellent quality with about 50 m of net pay.The discovery reinforces Eni's commitment...
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