Egypt Oil & Gas (EOG) learned that Agiba Petroleum Company will issue a tender to lease a new rig to execute its plan for the current fiscal year in the Eastern Desert. The company will drill a number of crude oil development wells with investments worth $1.3m, drilled at depths approaching 4,000ft, scheduled for November, expecting to extract 6.2 thousand b/d of crude.
Agiba to Issue New Tender for Rig
Wednesday, 16th September 2015

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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 62.87 | -0.44% |
Crude Oil (Brent) Brent | USD/bbl | 66.33 | -0.38% |
NYMEX Natural Gas | USD/MMBtu | 2.60 | -0.69% |
OPEC Basket Price | USD/bbl | 61.87 | +0.67% |
Last Modified April 15, 2021
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