Egypt Oil and Gas newspaper (EOG) learned that PetroShahd Company submitted its production plan of crude oil for the fiscal year 2010-2011, in its acquisition area in the Western Desert. It also aims to boost its crude oil output of 6000 barrels.
PetroShahd’s production depends on its El Zahraa field, Shahd South-East field, and Diaa field. El Zahraa field produces 3200 barrel, Shahd produces 2500 barrel per day, in addition to Diaa field which produces 500 barrels per day.
The company output of crude oil in the Western Desert reached 5298 barrels per day of oil, compared to the last year of 3500 barrel per day.
It’s worth mentioning that PetroShahd is joint venture company between EGPC and the Chilean firm Sipetrol.