bp successfully completes drilling at El Fayoum-5 Gas Well in North Alexandria Offshore Concession

BP has announced the successful completion of drilling operations at the El Fayoum-5 gas discovery well in the North Alexandria Offshore Concession, marking the final well in its four-slot drilling campaign in the West Nile Delta. Drilled using the Valaris DS-12 rig, El Fayoum-5 was spudded on February 14, 2025, and encountered four prospective Messinian gas reservoirs, with a total sand thickness of 50 meters at a measured depth of approximately 2,900 meters.