USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

189

Dana Gas Started Production From Recenly Discovered Field

Dana Gas started production from the recent Al Basant discovery in Egypt

Dana Gas Started Production From Recenly Discovered Field

Al-Basant-1 well was discovered in October 2008 and tested at the rate of 23.5 mln. standard cubic feet per day gas and 1027 barrels per day condensate.

Al-Basant-2 appraisal well was subsequently drilled, completed and tested in December 2008 and additional gas was discovered in a new zone which tested at 10.5 standard cubic feet per day gas and 150 barrels condensate.

Al-Basant field gas reserves are currenly estimated to exceed 123 mln. cubic feet.



Author: Ksenia Kochneva


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