Khalda to Drill 28 Exploratory Wells in 2018/2019
Khalda Petroleum Company plans to drill 28 exploratory wells in fiscal year (FY) 2018/2019, from which three wells will be drilled in Siwa Concession.
Khalda Petroleum Company plans to drill 28 exploratory wells in fiscal year (FY) 2018/2019, from which three wells will be drilled in Siwa Concession.
Agiba Petroleum Company plans to produce 16.4 million standard cubic feet per day (mscf/d) during fiscal year (FY) 2018/2019.
Pharaonic Petroleum Company plans to produce up to 512 million standard cubic feet per day (mscf/d) of natural gas and around 9,000 barrels per day (b/d) of condensates during FY 2018/2019.
Belayim Petroleum Company (Petrobel) plans to boost average production to reach 358,000 barrels of equivalent per day (boe/d) during FY 2018/2019.
Gulf of Suez Petroleum Company (GUPCO) plans to drill 4 new wells, including one exploratory well and three development wells, during fiscal year (FY) 2018/2019.
The General Petroleum Company (GPC) plans to drill 5 exploratory wells and 13 development wells, as well as maintain and complete 27 wells during FY 2018/2019.
Petroleum Cooperative Society Company (COOP) reached 5 million tons of petroleum products sales and 38,000 tons of lubricants’ sales during the first half of FY 2017/2018.
Misr Petroleum Company plans to reach target sales of 10 million tons during FY 2018/2019 and achieve around EGP 49.8 billion sales revenue out of services and products sales,
Amreya Petroleum Refining Company (APRC) plans to distill 3.9 million tons of crude oil during fiscal year (FY) 2018/2019 to produce 79,600 tons of butane and 560,000 tons of 80-octane benzene.
Rashid Petroleum Company/Burullus Gas Company (Rashpetco) has achieved its production target for the first half of fiscal year (FY) 2017/2018, reaching 684 mscf/d of natural gas.