horizontal drilling
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Bapetco and Khalda Invest $23m to Frack for Apollonia Natural Gas
Wednesday, 26th August 2015
Bapecto and Khaleda Petroleum plan on drilling three horizontal wells in the Apollonia field in the Western Desert, reported Al-Borsa. This is to produce natural gas from the layers of limestone characterized by low porosity and permeability, utilizing hydraulic fracturing. -
Agreement on Shale Price with Shell Egypt and Apache
Monday, 9th March 2015
Egypt has set the price of shale gas expected to be extracted from a recent concession to foreign firms at $5.45 per million British thermal units (mmBtu), an official at the oil ministry said on Monday.
Latest News
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Wintershall Dea Records High production level of 650,000 boe/d in Q4 2020
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Hungary Considers Importing Natural Gas from Egypt
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Egypt, Palestine to Develop Gaza Gas Field
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SFE Widens Scope for Wataniya Buyers
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 59.24 | -2.12% |
Crude Oil (Brent) Brent | USD/bbl | 62.91 | -1.60% |
NYMEX Natural Gas | USD/MMBtu | 3.07 | -0.42% |
OPEC Basket Price | USD/bbl | 63.43 | +1.52% |
Last Modified February 21, 2021