Dana Gas: Production in Egypt Rose in 1H

Dana Gas: Production in Egypt Rose in 1H

Dana Gas announced that its production of gas in Egypt rose by 13%, Egypt Oil & Gas reports.

While production slowed in the second quarter of 2017 to 37,650 barrels of oil equivalent per day (BOE/D), the company still posted strong gains for the first half of 2017. During the first six months of the year, the company’s gas output in Egypt rose to 39,300 BOE/D compared with 34,850 BOE/D in the same time period in 2016.

“We maintained strong production numbers by adding a further 13% output in Egypt despite the planned shutdown of the El Wastani Gas Plant, which was completed successfully and without incident,” Patrick Allman-Ward, CEO of Dana Gas, stated.

The company temporarily shut down its El Wastani Gas Plant in June 2017 for inspections and maintenance.

Dana Gas plans to drill three new exploratory wells it its North El Salhiya (Block 1) concession during the fourth quarter of 2017 in accordance with its concession agreements. It also plans to drill in the North El Arish (Block 6) concession early next year.

According to its website, Dana Gas fully operates five concession areas in Egypt and is a stakeholder in a sixth.

The North El Salhiya concession is located in the Nile Delta. The North El Arish concession is an offshore concession located in the East Nile Delta.

Sarah Samir 2752 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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