oil production | Egypt Oil & Gas - Part 13
Bapetco Exceeds Production Plans by 11%
Badr El-Din Petroleum Company’s (Bapetco) Badr 1 field production recorded 1.15 million barrels of oil (mmbbl) in the fiscal year (FY) 2019/20, an 11% increase from its initial plans, Chairman Ibrahim Masoud announced...
GUPCO’s Production Averages at 57,000 bbl During FY 2019/20
Gulf of Suez Petroleum Company (GUPCO) daily production has averaged at around 57,000 barrels (bbl) during fiscal year (FY) 2019/20, as the company was also able to cut 20% of production cost per barrel last June, Ch...
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...
Kamal: Egypt to Achieve Fuel Self-sufficiency Soon
Egypt will achieve self-sufficiency in diesel and gasoline very soon, Osama Kamal, the Former Minister of Petroleum and Mineral Resources told TEN. Kamal said that Egypt previously had a wide gap between production an...
Pharos’ Egypt Production Record 5,979 bbl/d in H1 2020
Pharos’ production recorded 5,979 barrels of oil per day (bbl/d) during H1 2020 in Egypt, according to a press release. After implementing three drilling-rig programs in Q1 2020, production averaged around 6,396 bbl/d...
Egypt’s TransGlobe Production Records 11,990 BBLS/D in Q2 2020
TransGlobe Egypt production averaged at 11,990 barrels of oil per day (bbls/d) in Q2 2020, according to a statement. The company’s production from its concessions in the Eastern Desert decreased by 5%, recording 11,75...
GPC Achieves Production Record of 62,000 bbl/d
General Petroleum Company (GPC) has achieved a production record of 62,000 barrels per day (bbl/d) for the first time ever since its establishment in 1957, according to a statement. This production record indicates th...
Schlumberger Introduces PNX Technology to Egypt
Schlumberger has introduced Pulsar Multifunction Spectroscopy (PNX) technology for the first time in Egypt in cooperation with the General Petroleum Company (GPC). PNX is the new generation of Reservoir Saturation Too... 
