Condensates

Pharaonic Petroleum gas output reaches 162 bcf in FY 2020/21

The company's production levels exceeded the fiscal year's plans, according to El Agrawy, who noted that the overall output of condensates reached 3.3 million barrels.

Oman’s Condensate Production Increases by 45.2% in December

The National Center for Statistics and Information (NCSI) announced that Oman’s condensates production increased by 45.2% reaching 69.10 million barrels (mmbbl) by the end of December 2020.

Taas-Yuryakh Neftegazodobycha Discovers New Gas Field in Yakutia

Taas-Yuryakh Neftegazodobycha, which is affiliated to Roseneft Company, has announced a new discovery of large gas and condensate field in Yakutia, after conducting appraisal drilling on the license area of Nizhnedzherbinsky.

GPC Invests $2.5 MM for Developing Abu Sennan Concession

An anonymous petroleum source stated that the total investment of developing Abu Sennan Concession in the Western Desert, which is dependent to the General Petroleum Company, reached to $2.5 million.

Saudi Aramco to Invest $110 B in Al-Jafoura Field

Saudi Aramco plans to invest $110 billion in developing unconventional gas reserves in Al-Jafoura field.

Khalda’s Investments to Reach $792 MM in FY 2020/21

Khalda Petroleum Company's (Apache) investments are expected to reach $792 million during Fiscal Year (FY) 2020/21.

NIOC to Sell Condensates for $6/Barrel

The National Iranian Oil Company (NIOC) plans to offer crude oil and condensates for a considerable discount.

Baltim’s Third Well to Be Linked to Year-End Production

The third well is expected to add around 100 million cubic feet per day (mmcf/d) of natural gas, and 650 barrels of condensates.

Petro Disouq to Increase Natural Gas Supply to National Grid

Disouq Petroleum Company (Petro Disouq), the joint venture (JV) responsible for managing two natural gas fields; South Disouq and Ibn Younis at South Disouq concession, plans to increase natural gas supply to the national grid.

Qatar’s Condensate Production to Increase After 2024

Qatar’s production capacity of condensates is projected to increase to 800,000-900,000 barrels per day (b/d), up from 700,000 b/d after 2024.

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