RWE Dea increases production volumes and plans further exploration in Egypt

RWE Dea doubled its oil and gas production in Egypt. North Africa is a strategic core region for Dea. The company is one of the leading foreign investors in Egypt and produces oil and gas in the country for 30 years by now. RWE Dea is presenting applied technology highlights and recent projects at the MOC 2014 in Alexandria.

At the company’s own booth (Central Hall, Stand A2) and the technical program, Dea will present technology highlights and case studies of its exploration and field development work in the onshore Nile Delta and the Gulf of Suez. The MOC, taking place from 9th to 11th December in Alexandria, is Egypt’s most important international oil and gas meeting of the year.

“North Africa is one of our strategic core regions,” explained Maximilian Fellner, General Manager of RWE Dea Egypt. “In Egypt, Dea can look back upon three decades of oil production and we recently doubled our overall production in the country through getting our onshore gas project Disouq on stream. We are delighted about these success stories and will continue on this track, as we see further potential in the region,” Fellner added.

Since 1984, Dea has produced over 640 million barrels of crude as operator in the Gulf of Suez. With ongoing investments in modern technology and infrastructure Dea maintained high production levels from the three oil fields over the years.

Dea has plans for additional exploration in the Gulf of Suez. At the East Ras Budran Offshore concession, the company plans to acquire seismic and drill an exploration well. The work program for the recently awarded two offshore concessions (the award is subject to approval by the Egyptian authorities) will include seismic reprocessing and two exploration wells at the East Ras Fanar Offshore and one well at the Northwest El Amal concessions.

An important growth project for RWE Dea in Egypt is the Disouq onshore gas development in the Nile Delta. Dea achieved first gas last year and added the own built Central Treatment Plant to production this summer. For 2015, the company expects further production increases from Disouq up to the capacity of approximately 200 million standard cubic feet gas per day.


Technical Program MOC 2014
Tuesday, 09 December 2014, 15:30 – 17:00, Hall A
Session: Applying new geophysical approach to old data
16:00: Vertical and horizontal pressure depletion trends captured by Ava geostatistical inversion conditioned reservoir modeling: An example from late Messinian Lacustrine Turbidite Reservoirs, Nile Delta, Egypt
By A. Mustafa M. Ali (RWE Dea), Richard Vaughan (RWE Dea), T. Adly (Suez Oil Company)

Wednesday, 10 December 2014, 13:15 – 14:45, Hall A
Session: Geological characterization of complex system / structure geology
13:15: Structural and stratigraphic Architecture of Abu Madi Reservoir and its impact on the trapping mechanism in Disouq DLA Gas Fields, Onshore Nile Delta, Egypt
By Hesham Elkhateeb (RWE Dea)

Wednesday, 10 December 2014, 13:15 – 14:45, Hall C
Session: Production Management
13:15: Identifying opportunities in a complex mature oil reservoir; a company’s experience
By Mohamed Nosseir Essam Omara (Suez Oil Company) and Ahmed Elhawary (RWE Dea)


Contacts
Dr. Olaf Mager
Head of External Communications
T +49 40 6375 2877
M +49 162 2732877

Frank Meyer
Manager External Communications
T +49 40 6375-2759
M +49 162 2732559

Notes to the editors
RWE Dea AG, headquartered in Hamburg, is an international company engaged in the exploration and production of natural gas and crude oil. The company deploys state-of-the-art drilling and production technologies and puts its many years’ experience acquired to good use in its activities. RWE Dea has set new standards in the fields of safety and environmental protection.

RWE Dea has stakes in production facilities and concessions in Germany, the UK, Norway, Denmark, Egypt and Algeria, and holds exploration licenses in Ireland, Libya, Mauritania, Poland, Suriname, Trinidad & Tobago, and Turkmenistan. Moreover, in Germany RWE Dea operates large subterranean storage facilities for natural gas. RWE Dea is part of the RWE Group, one of Europe’s largest energy utilities.