Head of the Central Production Administration at the Ministry of Petroleum and Mineral Resources Ahmed Mostafa has recently conducted a field visit to PetroShahd Petroleum Company’s concession area in the East Ras Qattara in the Western Desert.
During the visit, Mostafa inspected PetroShahd’s wells, production sites, and ongoing projects aimed at maintaining and increasing production.
He also reviewed the projects’ success in reducing diesel consumption and generating financial returns by utilizing gas for electricity generation instead of diesel.
The company’s production of oil reached 11,000 barrels per day (bbl/d) in addition to one million cubic feet (mcf) of gas, which is fully used as fuel to generate electricity instead of diesel. This helped save consumption of around 1.3 million liters of diesel per year at a cost of $1.1 million.
To introduce more cuts of diesel consumption, the company considers supply the accommodation camps with electricity generated from solar energy instead of diesel.
During his tour, Mostafa was briefed on the company’s environmental strategy, which includes treating and disposing of water separated from crude oil into designated wells that comply with environmental regulations.
PetroShahd currently operates around 43 oil wells and plans to begin drilling a new exploratory well in the Zahraa area this month.
The company has conducted a 3D seismic survey using the Blending Technique, covering approximately 345 km² with high-quality data. This has enabled accurate interpretation of the geological layers, providing a true image of the reservoir and positively impacting the drilling program.
Notably, PetroShahd operates three main production sites—Shahd, Southeast Shahd, and Zahraa—with a total investment of $39.3 million.