The Gulf of Suez Petroleum Company (GUPCO) has successfully commenced production from the Al Wasl-4 development well in the North Safa field, raising the company’s total crude output to approximately 65,000 barrels per day (bbl/d), according to a statement by the Ministry of Petroleum and Mineral Resources (MoPMR).

The new well is producing 2,250 bbl/d of crude oil and roughly 1.3 million cubic feet per day (mmcf/d) of natural gas. The Al Wasl-4 well, located at the field’s offshore platform, is a primary component of GUPCO’s 2026 drilling plan and was fast-tracked following positive geological re-evaluations of the reservoir’s structure.

The North Safa field is recognized as one of the most significant discoveries in the Gulf of Suez in recent years. Since achieving first production in 2024, the field has been developed through an integrated project involving the construction of a new offshore production platform and the installation of connecting subsea pipelines.

In parallel, the company is implementing a reservoir pressure maintenance program through water injection in three wells to sustain plateau production, enhance recovery efficiency, and prepare for the second phase of field development.

GUPCO is a joint venture between the state-owned Egyptian General Petroleum Corporation (EGPC) and the UAE’s Dragon Oil.