TransGlobe Produces 10,727 boe/d from Egypt’s Assets in Q2 2021

TransGlobe Produces 10,727 boe/d from Egypt’s Assets in Q2 2021

TransGlobe Energy company announced that it recorded an average production of 10,727 barrels per day (bbl/d) from Egypt’s assets during Q2 2021, a press release reported.

The company attributed that to the improved well optimization activities in Egypt and the impact of the SGZ-x lower Bahariya recompletion.

It added that its production in Egypt reached an average of 11,308 bbl/d in July 2021.

TransGlobe noted that it produced an average of 9,917 bbl/d during the same quarter from West Gharib, West Bakr, and North West Gharib, which is 1% less than the average recorded in 2020.

This is due to natural declines prior to the beginning of the production of the first 2021 Eastern Desert drill wells.

The company added that its production from South Ghazalat reached 810 bbl/d, increasing by 331% due to the impact of the SGZ-6X lower Bahariya recompletion.

It also revealed that it has drilled HW-8 and K-64 development oil wells at West Bakr in the Eastern Desert of Egypt.

The HW-8 was successfully encountering oil-bearing sands and put on the production line at a field estimated 622 bbl/d. Also, K-64 linked to the production line at a filed estimated 609 bbl/d.

Moreover, the company achieved petroleum sales during Q2 amounts to 3,66 million barrels of oil (mmbl) to the Egyptian General Petroleum Company (EGPC),  in addition to a one cargo lifting of 498.6 mmbl of entitlement crude oil.




Welcome! Login in to your account

Remember me Lost your password?

Don't have account. Register

Lost Password