OSUCO: new mean to maintain production rate

Offshore Shukair Oil Company (OSUCO) is preparing to use the Electrical plumb for the first time through its development plan in the North Shukair field in the company’s acquisition area in the Gulf of Suez, to be fully implemented by the end of 2nd quarter of the fiscal year of 2010-2011.

The company is planning to develop many of the wells that were drilled in the past fiscal year of 2009-2010 in the same concession. The company will use electric submersible plumb, following the industrial production method to substantiate the quantities of crude oil in the deep layers.

This methodology serves OSUCO plan to maintain its current rate of oil production that reached 1500 barrels of oil per day.


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