Egyptian state gas firm EGAS has hiked its estimate of gas in place at Enis 2015 Zohr deepwater discovery to 32 tcf from 30 tcf – suggesting a hike in likely recoverable reserves from 23 tcf to 25 tcf.

This follows analysis of the recently-completed second appraisal well, indicating a thicker gas carrying layer than the first. Drilled in February, the first appraisal well “encountered 455ms of continuous hydrocarbon column in the carbonate sequence with excellent...