Newsletter subscribe
Tag: Drilling
bapetco

Bapetco made eight new discoveries in Egypt in FY 2019-2020

Posted: August 26, 2020 at 12:22 am   /   Oil & Gas

Shell-EGPC JV Badr El-Din Petroleum Company (Bapetco) made eight new discoveries in its Egypt concessions in FY2019-2020 with confirmed oil reserves of 10.6 mn bbl, according to an Oil Ministry statement. Bapetco drilled 44 developmental wells and one exploratory well last fiscal year. (Source: Enterprise.press)

No Comments read more
Wintershall Dea

Wintershall Dea Q2 2020 Results: unaffected production, stable operations despite pandemic

Posted: August 20, 2020 at 1:04 pm   /   Oil & Gas

Q2 2020 Results: Despite the pandemic – unaffected production and stable operations Wintershall Dea, Europe’s leading independent gas and oil company, today reported its second quarter 2020 results. Mario Mehren, Wintershall Dea Chairman & CEO, says: “The quarter was without doubt one of the most challenging that the industry has seen in a long time. […]

No Comments read more
west med pgs

IOCs to begin conducting West Mediterranean seismic surveys in Q4 2020

Posted: August 18, 2020 at 12:51 pm   /   Oil & Gas

International oil and gas players will begin conducting seismic surveys in Egypt’s Western Mediterranean in 4Q2020, Al Shorouk and Masrawy reported yesterday, each citing a source from the Egyptian Natural Gas Holding Company (EGAS). An unspecified number of companies will kick off the surveys as soon as the House of Representatives ratifies their exploration agreements, […]

No Comments read more
Mediterra

Kom Ombo Petroleum to start $3m drilling operation at Baraka concession

Posted: August 9, 2020 at 1:39 pm   /   Oil & Gas

Kom Ombo Petroleum — a JV between the Egyptian General Petroleum Company and Mediterra Energy — will begin drilling two wells at its Baraka concession, which is expected to cost USD 2.5-3 mn, Al Mal reports, citing unnamed industry sources. The Baraka concession has produced some 350 to 400 bbl / d of oil this […]

1 Comment read more
Eni Bashrush

Eni: Bashrush discovery offshore Egypt tested with success

Posted: July 28, 2020 at 3:20 pm   /   Oil & Gas

Eni: Bashrush discovery, in North El Hammad concession in Mediterranean Sea of Egypt, tested with success. Eni (as the Operator of the Block), bp and Total (as Contractor members) have successfully tested the well drilled on the prospect called Bashrush, in the North El Hammad concession, in the conventional Egyptian waters of the Nile Delta. […]

No Comments read more
SW Meleiha

Eni announces new oil discovery at SW Meleiha, in Egypt’s Western Desert

Posted: July 28, 2020 at 3:17 pm   /   Oil & Gas

Eni announces the discovery of new oil resources in the Western Desert of Egypt with a new exploration well in the South West Meleiha Concession. Production in the Concession started just one year ago and is now in excess of 12,000 bopd. Eni announces the successful drilling of the SWM-A-6X well, in the South West […]

No Comments read more
MEES Bashrush

Nile Delta’s Bashrush gas well reserves estimated to be 250 bn cubic feet

Posted: July 16, 2020 at 12:00 pm   /   Oil & Gas

(Photo Courtesy of MEES) Reserves at the Bashrush exploration well in the Nile Delta have been estimated to be around 250 bn cubic feet of natural gas, Masrawy reports, citing an unnamed official at the Egyptian Natural Gas Holding Company (EGAS). Italy’s Eni began production tests at the well earlier this month with partners BP […]

No Comments read more
wepco

WEPCO to link 2 new wells to production line for $12 mn

Posted: July 16, 2020 at 11:55 am   /   Oil & Gas

WEPCO to add 2 new drilling wells to production line for USD 12 mn The Western Desert Operating Petroleum Co. (WEPCO) will add two new drilling wells to its production line which includes the Badr-1 and EDC 9 natural gas wells at a cost of USD 12 mn, Chairman Ibrahim Masoud announced during a tour […]

No Comments read more
Pharos

Pharos Energy announces trading and Egypt operations update

Posted: July 9, 2020 at 2:53 pm   /   Oil & Gas

Pharos Energy plc, an independent oil and gas exploration and production company, issues the following Trading and Operations update in advance of the Company’s half-year results on 19 August 2020. The information contained herein has not been audited and may be subject to further review and amendment. Summary Rapid and responsible response to COVID -19 […]

No Comments read more
abu sennan

United Oil & Gas upgrades reserves of Egypt’s Abu Sennan Concession

Posted: June 25, 2020 at 2:33 pm   /   Oil & Gas

Highlights 13,900 boepd gross (3,060 boepd net working interest) average production from the Abu Sennan concession for the first half of June – a 69% increase compared to average April production (1,810 boepd net) Total production during that period has benefited from the ongoing testing of the El Salmiya-5 Well, with c. 4,000 bopd and […]

No Comments read more