The South Dabaa Petroleum Company (Dapetco) has completed a new developmental well, SD 1-24, in the company’s Western Desert fields.

Drilling was conducted to a depth of 4,669 feet using the EDC-10 rig. The well is an oil-producer and has been put on-stream.

Dapetco’s production rates of crude oil and condensates reached 250,093 barrels in July 2012, while natural gas production was at 122,679 barrels of oil equivalent.

Dapetco is a joint venture between the Egyptian General Petroleum Corporation (EGPC) and Tunisian company Hadi Bouchamaoui, a private company specializing in exploration.