Activities

Exploration

Egypt is a mature oil & gas producer having long history in Hydrocarbon Exploration & Production for more than a century. Interaction based on companies and independent consultant studies major hydrocarbon potentials still exist in the Mediterranean Sea and Nile Delta and N. Sinai Onshore. Back to early sixties when exploration for gas started in the Mediterranean, Nile Delta and Western Desert, major activities took place leading to an outstanding number of gas discoveries. It is worth noting that, Abu Madi field was the first Onshore Gas Discovery made in the Nile Delta in 1967, followed by Abu Qir field as the first Offshore Gas Discovery in the Mediterranean in 1969. The encouraging results of this early phase were followed by gas exploration spread all over the Onshore Delta, Offshore Mediterranean and the Western Desert. The Initial Exploration activity in the Mediterranean deep water took place in 1975, and the intensive exploration campaign started in 1995, as a result of this campaign more than 81,000 sq. Kms of 3D seismic were acquired mainly in the Mediterranean Sea and the Nile Delta in addition to 140,000 km of 2D seismic and 490 wells drilled. Accordingly, major gas discoveries were achieved leading to substantial increase in the discovered gas reserves to 77.2 TSCF in June 2009 vs. 12 TSCF in 1992. This growth was accomplished mainly by the intensive exploration campaigns and extensive using of state-of-the art technologies. Recent major gas discoveries in the Mediterranean deep target . Miocene and Oligocene encouraged international oil companies to actively explore for these targets.