Eni announced on Thursday new oil and gas discoveries in the Meleiha concessions, in Egypt's Western Desert, for approximately 8,500 barrels/day of oil equivalent. These new discoveries have already been linked to production, in line with the exploration strategy led by Infrastructure, which maximises exploration possibilities close to existing infrastructures. "The results were obtained through Nada E Deep 1X well, which encountered 60m of net hydrocarbon pay in the Cretaceous-Jurassic Alam El Bueib & Khatatba formations, Meleiha SE Deep 1X well, which found 30m of net hydrocarbon pay in the Cretaceous-Jurassic sands of the Matruh & Khatatba formations, and Emry Deep 21 well, which encountered 35m of net hydrocarbon pay in the massive cretaceous sandstones of Alam El Bueib." Eni statement read. "These results, added to the discoveries of 2021 for total of 8 exploration wells, give a 75% of success rate, confirming the potential of the area. Other exploration activities in the concession are ongoing with promising indications." Eni, with these discoveries, through AGIBA, a JV between Eni and EGPC, continues to follow up its near field strategy in the mature basin of the Western Desert, aimed to increasing production at maximum, by containing development costs and minimizing time to market. furthermore, Eni renews its pledge in the Western Desert with the recent acquisition of two exploration blocks with the planning in 2022 of a new high-resolution 3D seismic survey in the Meleiha concession, also aimed at inquiry the gas potential of the area, in line with the energy transition goals.
