Project Profile
Location: Nile delta, Egypt
Area: 1,527 km²
Dana Gas Egypt, a unit of Dana Gas, has been awarded the North El Salhiya (Block 1) onshore concession in the Nile delta as part of the 2014 EGAS bidding round held recently in Egypt. The company will operate the Block 1 concession area on a 100% basis. It is expected that exploration success and future production from conventional gas reservoirs in the Block, utilizing Dana Gas Egypt’s existing infrastructure, will extend the company’s highly successful gas production business onshore the Nile delta. The block is located adjacent to the company’s existing development leases. The first Oligocene exploration well is scheduled to be drilled in 2016. In case of exploration success, an early development system is envisaged to allow rapid production of the wells located close to the existing El Wastani plant. The block has a 6 year exploration period, comprised of two phases of 3 years each. A 20-year development lease period will be granted to the block, based on approved commercial discovery. The concession covers 1,527 km² and was awarded as part of the EGAS international bid round in August 2014. Ratification of the new concession is expected to take place following the completion of the necessary approvals.
Operators:
Dana Gas Egypt: Operator with 100% interest