The Hodoa discovery is located in the West Mediterranean Deepwater, Nile Delta concession, some 80km northwest of Alexandria.
The WMDW-7 well was drilled to a depth of 6350m and is the first Oligocene Deep Water discovery in the West Nile Delta area. Further appraisal is underway.
BP operates and holds 80% of the West Mediterranean Deepwater concession with RWE Dea the remaining 20%.
Hodoa was drilled by the Pride North America Semi-Sub rig, in a water depth of 1077m.
BP executive vice president of Exploration Mike Daly said that the Hodoa discovery further demonstrates the great potential of the deep reservoirs in the Nile Delta.
BP Egypt president and general manager Hesham Mekawi said that Hodoa is an important discovery which builds upon BP’s previous successes in the West Nile Delta.
