Apache to Drill Three Wells in Western Desert

Apache to Drill Three Wells in Western Desert

Apache plans to drill three out of seven planned wells in the Western Desert by the end of 2018, an anonymous source at the oil ministry told Al Shorouk.

The American company expects the initial productivity rates of the wells to be around 5,000 barrels per day.

Apache signed a $9 million agreement with the Egyptian General Petroleum Corporation (EGPC) on July 18 to drill seven oil wells in the East Bahariya concession with a signature grant of $30 million, Egypt Oil & Gas reported.

Earlier this month Eni announced its second oil discovery in the nearby B1-X exploration prospect located in the South West Meleiha license.

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