Eni has discovered a new oil field in the Meleiha concession in the Western Desert of Egypt, the company said in a statement on Wednesday.
According to the statement, the discovery was achieved through the Arcadia 9 well, drilled on the Arcadia South structure, which is located 1.5 km south of the main Arcadia field already in production.
'The well encountered 85 feet of oil column in the Cretaceous sandstones of the Alam El Bueib 3G formation. The well has been drilled close to existing production facilities and is already tied-in to production, with a stabilized rate of 5,500 barrels of oil per day,' the statement read.
The new discovery will add 10,000 barrels of oil per day to Eni's gross production in the region.
Eni has been present in Egypt since 1954 where it is the country's main producer.
By Gulsen Cagatay
Anadolu Agency
energy@aa.com.tr