The Ministry of Petroleum and Mineral Resources announced the completion of drilling work on ExxonMobil's Nefertari well in the North Marakia area at a water depth of 1,720 meters in the western Mediterranean region.
The ministry explained that the results showed, after well recordings, the presence of two main gas-bearing layers in the Cretaceous formation, and initial estimates of the volume of gas are being calculated.
This well is not deep, as the final depth reaches about 2,700 meters, which gives hope for the ease and speed of its development, and it is close to existing facilities with capacity to receive it.
Exxon used all modern drilling technologies, in addition to the latest application for processing seismic data, to prove the existence of gas discovered in this virgin area for the first time, and this discovery will open the door of hope for the western region of the Mediterranean and encourage companies to work in it.
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