Dana Gas Announces First Production from Al Basant

SHARJAH - Dana Gas announced that it has recently started its first production from the Al Basant discovery in the West Manzala Concession in the Nile Delta region of Egypt.

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Published: Mon 6 Apr 2009, 11:21 PM

Last updated: Sun 5 Apr 2015, 9:27 PM

The Al Basant-1 well was discovered in October 2008 and was tested at a rate of 23.5 million standard cubic feet per day of mmscfd gas and a 1027-barrels-per-day of condensate. The Al Basant-2 appraisal well was drilled, completed and tested in December 2008. Additional gas was discovered in a new zone which tested at 10.5 mmscfd gas and 150 condensate.

The Al Basant field gas reserves are currently estimated to exceed 123 billion cubic feet BCF. A third well is planned to reach an estimated target field production of 45 mmscfd before year end.

· business@khaleejtimes.com

Published: Mon 6 Apr 2009, 11:21 PM

Last updated: Sun 5 Apr 2015, 9:27 PM

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