Specifically, the Nour-1 New Field Wildcat (NFW) was drilled by the Scarabeo-9 semi-sub in a water depth of 295 metres and reached the depth of 5.914 metres.
Nour-1 well found 33 meters of gross sandstone pay with good petrophysical properties and an estimated gas column of 90 meters in the Tineh formation of Oligocene age.
Although the well has not been tested, an intense and accurate data acquisition has been conducted.
In addition, the company signed a concession with Egyptian Natural Gas Holding Company (EGAS).
In the concession, Eni is the operator holding a 40% stake, BP holds a 25% stake, Mubadala Petroleum a 20% stake while Tharwa Petroleum Company a 15% stake of the contractor’s share.
Eni also announced that it will begin feasibility studies to accelerate the exploitation of these new resources leveraging the synergies with existing facilities and infrastructures, after finalizing the discovery evaluation.
Eni, in its statement reports to be Egypt's first producer with equity above 340.000 barrels of oil equivalent per day that will further grow in 2019 with the ramp up of the Zohr Project to production plateau.
Following first gas in December 2017, Eni-operated Zohr field off Egypt reached a 2 bcfd production target, equivalent to approximately 365.000 boed, in September 2018.