development wells | Egypt Oil & Gas

NORPETCO Drills First Development Well in FY 2026/27

North Bahariya Petroleum Company (NORPETCO) has completed its first development well under its fiscal year (FY) 2026/2027 drilling program, reaching the target depth four days ahead of schedule and saving an estimated...

SDX Completes First Phase of Drilling Campaign in Morocco

SDX Energy announced that it has successfully completed the initial three well phase of its 2021 drilling campaign in Morocco, which will  comprise of a total five wells over the year, a press release stated. Accordin...

GPC to Drill 15 Wells in Eastern, Western Deserts

The General Petroleum Company (GPC) aims to drill 15 exploration and development wells in H2 of fiscal year (FY) 2020/21, according to the General Trade Union for Petroleum Workers. The company will drill five wells i...

Burullus Gas Company to Drill 3 Wells at a Cost of $250 MM

Burullus Gas Company plans to drill three development wells at the West Delta Deep Marine (WDDM) project at a cost of $250 million, according to a press release. Despite the pandemic, the company managed to complete t...

Genel Energy Completes 5 Development Wells in Iraq

Genel Energy plc (Genel) announces the completion of five development wells at  Tawke PSC in the licence during the quarter, three drilling rigs were released, but the Company-operated workover rig continues to servic...

WEPCO’s Production Reaches 3,500 bbl/d

Western Desert Operating Petroleum Company’s (WEPCO) production has reached 3,500 barrels per day (bbl/d) after streamlining well Badr 4-6, according to a statement. The new development well (Badr 4-6) has added about...

El Molla Reviews Qarun Budget for FY 2019/20 -2020/21

The Minister of Petroleum and Mineral Resources, Tarek El Molla, headed the general assembly meeting of Qarun Petroleum Company to review the adjusted budget for Fiscal Year (FY) 2019/20, and the planning budget for F...

Ministry of Petroleum to Invest $18 B in Gas Projects

The Ministry of Petroleum and Mineral resources targets developing 11 natural gas projects in different concession areas, with an investment of $18 billion, Alborsa reported. The decision aims to compensate for the no...

GPC to Produce 6,000b/d of Crude Oil in 2017

The General Petroleum Company’s (GPC) Production Manager, Ahmed El Gedawy, stated to Egypt Oil&Gas that the company has set a new plan to raise its production rate during 2017. GPC is seeking to reach nearly...

El Molla Reviewed EGAS Fiscal Results

A press release from the Egyptian Ministry of Petroleum and Mineral Resources stated that the minister, Tarek El Molla, headed the General Assembly of the Egyptian Natural Gas Holding Company (EGAS) to review its fisc...

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