Qarun Petroleum Company boosted its crude oil production from the Karma fields to approximately 23,000 barrels per day (b/d).
Daily crude oil production from the Karma fields ranges between 22,000 and 23,000 b/d. Mohsen El Nouby, head of Qarun Petroleum Company, told Amwal Al Ghad that this crude oil, after being refined, helps meet the oil and gas sector’s need for petroleum products.
The company plans to drill additional development and exploratory wells to increase its production, El Nouby said. He also noted that Qarun Petroleum conducts regular maintenance work on its fields to ensure the company maintains a stable production capacity and meets its annual production target.
The Ministry of Petroleum and Mineral Resources has previously confirmed its commitment to increasing crude oil and natural gas production by 2019 in order to achieve self-sufficiency and stop imports.