Egypt's Nasim-1X exploration well discovers approximately 200 billion cubic feet of natural gas

en.Wedoany.com Reported - On November 6, Egypt's Ministry of Petroleum and Mineral Resources announced the preliminary drilling and evaluation results of the Nasim-1X natural gas exploration well. The well is located in the Tiba concession area in Egypt's Mediterranean region, with Italy's Eni serving as operator and Australia's Woodside Energy participating in the development. Preliminary evaluation identified approximately 15 meters of net gas pay, with estimated original gas in place of approximately 200 billion cubic feet. The project has entered the stage of further reservoir evaluation.

The Nasim-1X well was drilled by Belayim Petroleum Company (Petrobel) on behalf of the partners. Preliminary drilling and logging evaluation indicate that the target reservoir has favorable petrophysical characteristics, with a net gas pay thickness of approximately 15 meters, measured on a true vertical depth basis. The aforementioned 200 billion cubic feet is a preliminary estimate of original gas in place and does not constitute confirmed technically recoverable reserves.

According to Woodside Energy's 2026 third-quarter operating report, the Nasim-1X well spudded on August 25, and Woodside holds a 40% non-operated interest in the Tiba permit area. As of September 30, the well was still in the drilling phase, with a reported well depth of 2,650 meters. The evaluation results published by Egypt's Ministry of Petroleum and Mineral Resources on November 6 constitute the latest exploration progress for this well.

Egypt's Ministry of Petroleum and Mineral Resources has proposed a preliminary development tie-in plan for the Nasim-1X well, which includes constructing an approximately 22-kilometer natural gas pipeline to connect the well to the existing Abu Madi–El Gamil gas pipeline and associated production facilities, leveraging existing gathering and transportation infrastructure to advance subsequent production development.

Currently, project partners are conducting further technical and reservoir studies, focusing on evaluating recoverable natural gas reserves and single-well production potential. The results of these studies will be used to formulate subsequent natural gas development and production plans.