Showing posts with label Mocha-1 Exploration Well. Show all posts
Showing posts with label Mocha-1 Exploration Well. Show all posts

Thursday, March 2, 2017

Dana Gas provides market update on its drilling program in Egypt - DANA GAS

Sharjah, UAE 2 March 2017

Dana Gas, the Middle East’s leading regional private sector natural gas company, provides a market update on its BP-operated Mocha-1 well, drilled in the El Matariya (Block 3) onshore concession in Egypt. 

The Mocha-1 exploration well on Block 3 has been completed. The well reached the top of the targeted Oligocene at a depth of 5,375 metres and reached total depth at 5,940 metres, making it the deepest onshore Nile Delta well drilled to date. The well was drilled through the Messinian (conventional) to Oligocene (deep) targets and encountered hydrocarbons. Whilst the Messinian objective encountered wet gas, the primary Oligocene target did not encounter gas in commercial quantities and the well has been P&A’ed. This important exploration well has helped to de-risk other Oligocene prospects and has proven the presence of a working petroleum system in the onshore Oligocene for the first time. The data is being analysed and evaluated to determine further followup potential.