As a result of the effective cooperation and constant support of both Ministry of Petroleum and Mineral Resources and Egyptian General Petroleum Corporation (EGPC), Enap Sipetrol, through its joint venture (JV) PetroShahd, has resumed its activities by executing intensive drilling and exploration programs in East Ras Qattara Concession in the Western Desert, Egypt Oil & Gas reports.
The company aims to maximize production and add more reserves through drilling new exploratory and production wells, according to 2018 Plan and Work Program with the successful drilling and completion of the most recent development well, Shahd SE-10, in Shahd SE Development Lease, and putting it on production at a daily production rate of 3,000 barrels of crude oil per day (b/d).
In addition, an integrated study has been initiated to evaluate the discovered gas field, which includes drilling of two gas and condensates wells to increase reserves and production rates and currently studying establishment of gas production facilities, including the treatment plant and construction of a 28 km gas pipeline.
A year almost passed on the official inauguration of crude oil main pipeline at the length of 87 km to transport crude oil produced from East Ras Qattara Concession to PetroShahd’s receiving facilities at Qarun area. The pipeline was constructed as an alternative to trucking operations and contributed significantly in the elimination of the risk of trucking operations and HSE hazards, saving approximately $9 million during 2017.
It is worth to mention that ERQ Concession in Western Desert was acquired by Sipetrol as operator in 2004 with 50.5% participation interest, with “Kuwait Energy Egypt” holding 49.5%.