News / Egypt
Gempetco to drill 3 new wells
GEMSA Petroleum Company (GEMPETCO) is studying the possibility of renting a new rig to start initiating its drilling plan for this year in the Gemsa oilfield in its acquisition area in the Gulf of Suez. Zafrana to add three new wells to the drilling plan
Zafrana Oil Co. is planning to attach two new exploratory wells to the drilling plan in its acquisition area of Rodis in the North of Gulf of Suez and another development well. PetroShahd announces the new plan for production
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. Vegas Oil & Gas : new discovery in the Western Desert
Operator Vegas Oil & Gas announced that oil was recovered on test from Safwa NW-1, its latest exploration well in the East Ghazalat concession in the Eastern Desert of Egypt. Wireline logs across the Lower Bahariya Formation confirmed approximately 30ft of net producible oil-bearing reservoir with an average porosity exceeding 20 per cent. Circle Oil preparing to test the Al-Amir SE-6X appraisal well
Circle Oil Plc, the international oil and gas exploration, development and production company, announced that the Al-Amir SE-6X down-dip flank appraisal well has completed coring and logging the oil-bearing Upper Shagar and Lower Rahmi Kareem Sandstones and has now reached a target depth of 13,900ft in the Lower Rudeis. Fahmy: Boosting Afro-Egyptian Oil Cooperation
Kenyan Prime Minister Raila Amollo Odinga, accompanied by Minister of Petroleum Sameh Fahmy, visited a centre for compressed natural gas conversion and fuelling of cars. Apache’s latest Matruh discovery tests 44 MMcf, 2,910 bpd
Apache Corporation reported that its second discovery of the year in Egypt's Matruh Basin - the Samaa-1X - tested 44 million cubic feet (MMcf) of natural gas and 2,910 barrels of condensate per day from two zones. Nile Delta holds undiscovered treasury
Due to the fact that Egypt's Nile Delta is one of the most important area in the world that holds rich natural gas reserves, the Egyptian Oil Ministry cited a report issued by the American Geological Association on May 18, saying that Egypt's Nile Delta (north of Cairo) holds undiscovered natural gas estimated with 223 trillion cubic feet (about 6.3 trillion cubic meters). 
