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Sunday, 24 November 2019

Eni to bring third Baltim South West well online by the end of the year

Eni will link the third well in its Baltim South West field to the national grid by the end of the year, a source in the oil sector told the local press. This will raise gas output by another 100 mcf/d to 290 mcf/d, and increase condensate production by 650 bbl/d to 1950 bbl/d. The three remaining wells are expected to come online by the end of 2Q2020, bringing total gas production to 500 mcf/d. Eni, which holds a 50% stake with EGPC through its IEOC joint venture, estimated the field to hold 1 tcf of natural gas when it was discovered in 2016. BP holds the remaining 50% stake.

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