Arab Finance: British oil company bp has commenced production from the Fayoum-4 well, adding new gas volumes to the Egyptian market, according to an emailed press release.
In line with its ongoing investments in the West Nile Delta region, bp noted that the well is expected to produce approximately 80 million cubic feet of natural gas per day (MMcf/d).
This announcement follows the successful exploration campaign bp launched in 2015, which led to the discovery of the Fayoum well.
The company also successfully drilled a sidetrack to access new Messinian reservoir layers within the West Nile Delta field, at depths of 3,000 meters, without the need for a separate well or new subsea infrastructure.
Thanks to innovative engineering solutions, production has been connected to the West Nile Delta gas processing facilities via the Giza-Fayoum pipeline to access additional gas volumes, bringing the start of gas production forward by nearly two years.
It is worth noting that bp operates the West Nile Delta facilities with an 82.75% stake, while Harbor Energy holds the remaining 17.25%.
In March, Minister of Petroleum and Mineral Resources Karim Badawi announced that bp plans investments estimated at $1.5 billion into Egypt's natural gas exploration and development during fiscal year (FY) 2026/2027.