Badr El-Din Petroleum Company (Bapetco) is preparing to offer a series of tenders to acquire the needed equipment to create a carbon dioxide-removal unit. The decision comes in the context of putting several new wells on production, all of which are located in field ‘Kareem’ in the company’s Alam Al-Shawish concession area in the Western Desert.
The company plans for the wells to come online during the second half of 2013 with the aim of boosting natural gas production levels. During the previous fiscal year 2010/2011, Bapetco successfully exceeded its annual development plan by 2% in crude output. In terms of natural gas, the company fulfilled an 8% increase during the same year with a daily production average reaching 37.4 thousand barrels of condensate and 408 million cubic feet of natural gas.
In addition, Bapetco plans on drilling the ‘BED3 C-10’ well during the current fiscal year, which is expected increase the company’s crude oil reserve by 1.7 million barrels.
Bapetco is a joint-venture company between the EGPC and Royal Dutch Shell.