Bapetco Increased Al Abyad Gas Field Output

Bapetco Increased Al Abyad Gas Field Output

Badr Petroleum Company (Bapetco) increased production from  Al Abyad  natural gas field in the Western Desert to 140,000boe/d, according to a press release sent to Egypt Oil&Gas. Natural gas production thus increased to an overall amount of 515mcf/d, while crude and condensates output rose to 47,400b/d.

The recently discovered field 4-14 OBJ is expected to start producing 30mcf/d of gas and 1,000b/d of condensate by March 2017. An official source at Bapetco said that there are ongoing arrangements to dig a new well in the area of Neyag field to increase oil production by 5,000b/d as part of the ongoing development plan implemented.

It is worth noting that the investments in Bapetco’s approved budget for the fiscal year 2017/2018 are $321m, including drilling eight exploratory wells and 24 development wells, which proves foreigner partners’ confidence in the promising  future of natural gas in Egypt’s Western Desert

Al Abyad field is operated by Royal Dutch Shell and Egypt’s Badr Petroleum Company (Bapetco).

Mahinaz El-Baz 312 Posts

Mahinaz El Baz received her MSc degree in Foreign Trade Economics from Helwan University in 2016. She has two years of experience in journalism and four years of experiance in economic analysis. She received the "Best Economic Article Award" in 2016 from CFA Society Egypt.


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