Gulf of Suez field delivers first oil

Offshore staff

GLENSIDE, Australia – Oil has started flowing from the NS377 field in the North Shadwan concession in the shallow water Gulf of Suez, offshore Egypt.

Production is connected via a tie-in to Petrobel’s nearby Ras Ghara oil facility, before passing through a pipeline to the main Petreco Oil Center at Abu Rudeis, 120 km (74 mi) to the north.

BP Exploration (Delta) is the development operator, in partnership with Beach Petroleum and TriOcean Energy Co.

According to Beach, initial production through the pipeline will be restricted to around 1,000 b/d, with further output to be handled via a trucking operation, expected to start before mid-year.

In the nearby NS385 oil field, planning is under way for drilling of a first development well, again expected to spud before mid-year.

By early 2013, production from NS385 will be added to NS377’s production, lifting total output from North Shadwan to 5,000 b/d.

The North Shadwan joint venture partners have also applied for a development lease over the NS394 oil discovery, with development slated to start in 2013.

Production from NS394 should begin in 2014 at rate of up to 7,000 b/d.

3/28/2012

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