The chairman of Badr El Din Petroleum Company (Bapetco), a joint venture between the EGPC and Royal Dutch Shell, recently announced the addition of exploratory well Bed3C6-1 to production, Daily News Egypt reported.
The well has been through its testing phase and is slated to bring online nearly 4,000 b/d of additional oil production. Bapetco currently produces just over 50,000 b/d of oil, and over 80,000 boe/d of gas and condensates.
Egypt Oil & Gas recently profiled Bapetco’s chairman, Emad Hamdy, in our August issue of the journal.
“If you look at our production for the last two years, our production is increasing in both oil and gas,” Hamdy noted.
At the time of the interview, Hamdy was excited to announce that the company has had great success in IOR/EOR techniques, and has used technology such as HIWAY fracking and advanced ESP pumps to better efficiency and recovery.
“We are especially increasing production in gas. I think when I arrived we were producing about 350m mcf/d, and now we are producing closer to 500m mcf/d,” said Hamdy.
Bapetco operates in Egypt’s Western Desert.