natural gas production | Egypt Oil & Gas - Part 3

Egypt’s Natural Gas Production Capacity Reaches 7.2 bcf/d 

Egypt’s natural gas production capacity reached 7.2 billion cubic feet per day (bcf/d) as a result of the efforts to confront the natural decline of wells during the past five years, the CEO of the Egyptian Natu...

US Shale to Decline by 68,000 bbl/d in October

US oil output is predicted to fall in October by 68,000 barrels per day (bbl/d) after output is set to decrease from seven major shale formations, according to Reuters. The decline in output will take US production to...

Atoll’s Natural Gas Production Increases by 28% in FY 2019/20

Atoll field’s production increased by 28% from 250 million cubic feet of natural gas per day (mmcf/d) to 320 mmcf/d during fiscal year (FY) 2019/20, Mohamed Samir, Pharaonic Petroleum Company’s (PhPC) Head, stat...

US Oil Production Rises 4% in June

US oil production showed signs of recovery after June saw an increase of 4.1%, however, production levels have not fully recovered from the dramatic plunge in May, according to Reuters. The official figures from the U...

New Discovery of North Hammad to Produce 32 mmcf/d of Natural Gas

The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that the new discovery of North Hammad concession in Delta is going to initially produce natural gas at a rate of 32 million cubic feet per da...

Norway’s Oil Production Increases by 4.5% in April 

Norway’s crude oil production rose by 4.5% month-on-month from March to 1.78 million barrels per day (bbl/d), beating official forecasts by 1.8%, according to Reuters. The increase in production can be attributed to t...

Eni’s Natural Gas Production in Egypt Records 1.217 BCF/D in Q1 2020

Eni’s production of natural gas in Egypt has reached 1.217 billion cubic feet per day (bcf/d) during Q1 2020, decreasing from Q1 2019’s 1.434 bcf/d, according to a press release. The company’s total natural gas produc...

Petrobel Streamlines Two New Wells in the Mediterranean

Belayim Petroleum Company (Petrobel) announced streamlining two new natural gas wells in the Mediterranean region with an average production of 390 million cubic feet per day (mmcf/d)  and 1,300 barrels of condensate ...

75% of Dana Gas Production Unaffected by Oil Prices’ Drop

Dana Gas Company has announced that its production of natural gas which constitutes 75% of the company’s production is unaffected by failing oil prices, according to a statement issued by the company. The compan...

South Pars Development to be Completed in March

South Pars, an offshore project located in the Persian Gulf, is expected to be completed by the end of the current Iranian year (March 19, 2020), Mohammad Meshkinfam, the Managing Director of Pars Oil and Gas Company ...

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