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Sunday, 31 July 2016

Eni, BP target 350 mcf/d from South Baltim field by end of fiscal year

Eni and BP have set a target of 350 mcf/d of natural gas from the South Baltim field by the end of the current fiscal year, while production will be linked to the national grid by 2H2017, Daily News Egypt reported on Saturday. As we had noted earlier, Eni and BP will target drilling six wells as part of Baltim South development lease in the East Nile Delta in the current fiscal year. The Baltim reserves were estimated at 700 bcf of recoverable gas.

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