Zafarana Oil Company (ZAFCO) evaluates the south extension of the geological formation of the Zafarana field in the Gulf of Suez concession.

The operation is carried in the frame text the current fiscal year of 2010-2011. It is also aiming to drill more exploratory and development wells to boost the current production rate.

Through the evaluation, ZAFCO analyzed the 3D seismic survey, which helped to determine the distribution and properties of the petrophysical data of the field, aiming to obtain an accurate picture of the distribution, thickness, and porosity of sand layers of the reservoir tank of the Rodius layer that is produced in the Zafarana field,” said ZAFCO source.

The source also pointed that his company present production rate reached 7200 barrels of oil per day.