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Dubai: Dana Gas, the Middle East's first regional private-sector natural gas company, has announced a new gas and condensate discovery from its Al Wastani West-2 well (EWW-2) in Egypt.
The well has been tested and flowed at a rate of 9.5 million standard cubic feet per day (mmscf/d) of Gas and 1,022 barrels of Condensate per day (bc/d) at 28/64-inch choke from the Qawasim sands.
Centurion Petroleum Corporation, the upstream division of Dana Gas, drilled the EWW-2 well to a total depth of 3,175 metres and encountered 8.3 metres of net pay over a gross pay interval of 24 metres.
The EWW pool represents a new block to the west of El Wastani gas field. Estimates of recoverable reserves from this new pool are under evaluation.
The EWW-2 well is located approximately 800 meters from the company's El Wastani gas processing facilities. The well has been tied into the facilities and came on stream May 29.
An infill well, EW-8, in the El Wastani was spud on May 13 and is expected to be completed by end of June 2007. This well will add to El Wastani Gas and Condensate production from the Abu Madi formation.
It is expected that Dana Gas will drill a total of 12 exploration wells will be drilled in Egypt before the end of 2007.
Dana Gas is currently Egypt's sixth largest natural gas producer and the company's Egypt business development team continues to pursue expansion projects and new business opportunities in North Africa.
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