Faghur Basin
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Egypt’s Crude Oil Production to Reach 690,000 b/d
Sunday, 18th August 2019
Tarek El Mola, the Minister of Petroleum announced that average crude oil production reached 630,000 barrels per day (b/d) and that the petroleum sector aims to reach 690,000 b/d by the end of this fiscal year (FY).
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Apache announces three new oil and gas discoveries in Western Desert, extends production base across vast concession areas
Monday, 13th May 2013
Apache Corporation announced drilling success with three new discovery wells in Egypt's Western Desert. -
Apache Drills New Development Leases in Faghur Basin, Western Desert
Tuesday, 27th March 2012
Apache Corporation reported that approval of seven new development leases in the Faghur Basin has enabled the company to add 5,200 barrels per day of new production in Egypt's Western Desert. -
New exploratory activity by Apache
Wednesday, 7th December 2011
Apache Corp., the U.S major company drilled a new exploratory well, Hathour 1-X in the company's concession area in the Western Desert.
Latest News
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Agreement with Belgian DEME for Studies of Green Hydrogen Production
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El Molla Inspects Progress of New Alamein Pipeline Project
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Egypt Plans to Achieve Diversity in Clean Energy Resources by 2025: El Molla
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GUPCO to Invest $562 MM in FY 2020/21
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.81 | -0.77% |
Crude Oil (Brent) Brent | USD/bbl | 63.72 | -0.55% |
NYMEX Natural Gas | USD/MMBtu | 2.80 | -0.46% |
OPEC Basket Price | USD/bbl | 61.97 | -3.53% |
Last Modified March 4, 2021