Project Profile
Value: US$320 million
Location: Offshore the Nile Delta in the eastern Mediterranean
Start-up Year: 2008
Gas Reserves: 2Tcf
Water depth: 70m to 570m
Rosetta’s unconsolidated sand beds have proven reserves of 2Tcf. Rosetta started production in 2001 and supplies Egypt’s domestic network. BG Group sanctioned the Rosetta Phase III field development plan in 2006 and delivered first gas from the project in Q1 2008. This project consisted of five wells tied back to the first two phases of Rosetta. The Sequoia subsea facilities are tied back to both Rosetta and WDDM concession facilities, with hydrocarbons exported via both concessions. On the Rashid facility in Rosetta, production from the three new South Sequoia wells is commingled in a new subsea manifold and exported about 23km via a 22in pipeline to an existing manifold (Rashid M1). The pipeline was tied into a pre-installed spare connection on Rashid M1.
The Rosetta Concession was awarded in 1995 with the shareholders being Shell [40 per cent], British Gas [40 per cent] and Edison [20 per cent]. The initial stage of the Rosetta development consists of six wells tied back to a \"not normally manned\' platform with a 66km gas/condensate pipeline to the onshore terminal for delivery into the national grid system near Idku, east of Alexandria. The first find was in 200 ft of water 48 km north-east of Alexandria. On 18 June 2003 The Rosetta-11 well marks a Pliocene gas discovery in a new field, Rashid North, 20 kilometers north east of the Rosetta field. Rosetta-11 was drilled to a depth of 1,605 metres in a water depth of 160 metres and was suspended as a future production well. The Rosetta-11 well completed the exploration program in the Rosetta Concession.
Operators:
Shell: Operator with 80% interest
Edison: 20% interest