Badr Eldin Petroleum Company (Bapetco), a joint venture (JV) between Shell and the Egyptian General Petroleum Corporation (EGPC), have implemented an updated drilling system and well design in BED 16-33 well in Westen Desert, reducing costs by nearly $500,000 and drilling time by about 10 days, according to a statement by the Ministry of Petroleum and Mineral Resources (MoPMR).
In cooperation with EGPC, this achievement was driven by implementing an integrated engineering strategy aimed at enhancing operational efficiency, increasing penetration rates through utilizing advanced drill bits, alongside deploying real-time monitoring techniques and advanced data analysis.
This comes in line with the ministry’s strategy to maximize the use of technology to increase output while reducing time and cost.
The success at Bapetco mirrors a broader regional trend of operational optimization across Egypt’s diverse energy basins. Similarly, PetroGulf Misr implemented an advanced drilling model in January at the GNN-16 well in the Gulf of Suez, reducing operational costs by $700,000 and shortening the drilling timeline by 5.5 days. It is anticipated to increase PetroGulf’s total production to over 30,000 barrels per day (bbl/d).