BP Boosts Gas Production in Egypt

BP Boosts Gas Production in Egypt

UK’s British Petroleum (BP) aims to boost their gas production in Egypt through enhancements of several fields within their concessions in the country, reported Al Borsa News.

The company plans to connect production from Taurt field with a capacity of 70mcf/d of gas, by the end of August.  This infuse of gas will compensate for the maturity of Egyptian gas concessions, with production declining by 1.2bcf annually, the equivalent of 100mcf/m.

During the third quarter of 2017, BP will begin operations in phase one of enhancements to the northern Alexandria and west Mediterranean deep water gas fields, to reach production levels of 450mcf/d. The Remaining $11.3b enhancement efforts are slated to end by the second quarter of 2019. This will push production in the fields to 900mcf/d of gas, to ultimately reach 1.3bcf/d of gas and 17,000b/d of condensate.

The company is also working on connecting production from Ras Al Bar field during August, with a production capacity of 110mcf/d of gas and 400b/d of condensate, at a total investment of $265m.

Sarah Samir 2950 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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