NORPETCO Issues Tender for New Rig in Egypt’s Western Desert

NORPETCO Issues Tender for New Rig in Egypt’s Western Desert

Egypt Oil & Gas has learned that NORPETCO has launched a new tender to hire a new rig to execute its drilling program for the current fiscal year in the El-Bahariya fields in the Western Desert concession area.

The company will drill two natural gas wells, one exploratory and one developmental, with investments worth $2.1m. Drilling operations is scheduled to begin before the end of 2015. Preliminary studies indicate that 800 mcf/d of gas will be extracted.

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