Arabian Business reported that Dana Gas production from the recently discovered Sondos gas field has delivered beyond expectations.
The Sondos field, located in the West El Manzala concession in Egypt's Nile Delta region was discovered in February 2009, with estimated gas reserves of 20 billion cubic feet and was tested at 11.1 million standard cubic feet per day of dry gas.
It currently has 2 producing wells, Sondos-1 and Sondos-2, delivering at an average daily rate of 12 million standard cubic feet per day.
Mr Ahmed Al Arbeed CEO of Dana Gas said that "The drilling campaign achieved excellent results so far, promising to add momentum to the company's 2009 production in Egypt.”
Mr Al Arbeed added that "The discovery of the Sondos gas field was particularly significant for Dana Gas, as it is set to push the company's production rate beyond 37,000 barrels of oil equivalent per day, its peak production rate for the H1 of 2009 compared to the 31,650 barrels of oil equivalent per day on which the company's Egyptian operations ended in 2008."
Dr Hany El-Sharkawi president of Dana Gas Egypt said that "We are delighted with the results achieved in a short period which exceeded all expectations. These promising results will continue to boost the company's production."
In addition to its activities at the Sondos Field, Dana Gas has also increased gas production at its El Basant Field, following the successful completion of the El Basant-3 development well in June 2009.
(Sourced from http://www.steelguru.com/news/index/2009/07/15/MTAyMjMx/Dana_Gas_Sondos_field_exceeding_expectations.html)
Tuesday, July 14, 2009
Dana Gas Sondos field exceeding expectations
0 comments:
Post a Comment