North Bahariya Petroleum Co. (NORPETCO) prepares for conducting seismic and geophysical studies for the water reservoirs of its wells. The process comes for increasing the number of wells to reach the number of seven which will be drilled during the current year within NORPETCO’s concession in the Western Desert.
The total volume of the technical study’s investments which to be carried out in the field of “Ganna-1” is estimated by $0.5m.
Moreover, NORPETCO is currently operating on implementing the project of Water Injection in “Ferdaus-8” and “Ferdaus-13”. And some of the other fields are going to be put on the production map which starts in March.
It worth mentioning, NORPETCO is a joint-venture between Sipetrol International and EGPC.