Fayoum, Giza Fields to Increase Gas Production by 500-700 mscf/d

Fayoum, Giza Fields to Increase Gas Production by 500-700 mscf/d

The Fayoum and Giza fields will begin production by the end of 2018, adding 500-700 million standard feet per day (mscf/d) to Egypt’s domestic production, Egypt Oil & Gas reports.

Production will begin after the completion of three new wells at the sites and the gas from the fields will be channeled to the onshore facilities of Rashid Petroleum Company (Rashpetco). After the Raven field comes online in 2019, total output from the West Nile Delta and North Alexandria development project is expected to reach 1.6 billion cubic feet per day (bcf/d).

The figures were reported during a meeting to discuss the $11 billion worth of investments made in the West Nile Delta and North Alexandria development project.

The meeting was chaired by the Minister of Petroleum and Mineral Resources, Tarek El Molla, and was attended by the Ministry’s First Undersecretary for Agreements and Discoveries, the Head of the EGPC, and the Head of the Egyptian Natural Gas Holding Company (EGAS).

The second phase of the West Nile Delta and North Alexandria development project includes the Fayoum, Giza, and Raven fields.

The first phase of the project, which included the Taurus and Libra fields, increased Egypt’s production capacity by 700 mscf/d. It was completed in March 2017.

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Sarah Samir 3670 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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