production | Egypt Oil & Gas - Part 22

Gazprom Production Reaches 211.4 bcm in First Five Months of 2022

Gazprom announced that it produced 211.4 billion cubic meters (bcm) of gas between  January and May 2022, according to its most recent figures.

Capricorn’s Egypt Onshore Gas Fields to Have Second Biggest Production, Reserves Share in Merger with Tullow Oil

Capricorn Energy finalized an agreement with Tullow Oil to merge in an all-stock deal worth $826.7 million, in which its Egyptian onshore gas fields will have the second biggest share in production, Reuters report ...

SDX’s Q1 2022 Production 17% Higher Than Expectations

SDX Energy announced that its production has reached 4,017 barrels of oil equivalent per day (boe/d) during Q1 of 2022, which is 17% higher than the mid-point guidance of 3,425 boe/d due to high production levels ...

SDX Initiates Spudding of the Fourth Well in Meseda Field

SDX Energy announced that it has started spudding MSD-24 infill development well located in the Meseda field.

Dana Gas Net Profits Leap by 125% YoY

In its quarterly report, Dana Gas, the Middle East's largest natural gas company, announced that its net profit increased by 125% in Q1 2022, reaching $54 million or 2.8 fils per share, compared to $24 million or ...

UOG’s 2022 Egypt Output to Average Between 1,500-1,650 boe/d

The company's working interest output in Egypt for 2022 is expected to average between 1,500-1,650 barrels of oil equivalent per day (boe/d) net; including production from current wells, which have historical decl ...

Libya Shuts Down Al-Sharara Field Amid Wave of Oilfield Closures

The Libyan National Oil and Gas Company (NOC) announced the force majeure on the Al-Sharara oil field.

Misr Phosphate Company’s 2021 Production Reaches 2.7M Tons, Increases by 12.5%

Production is the main pillar of the company and the secret of its strength, as the amount of production during 2021 reached about 2.7 million tons, an increase of 12.5% over 2020.

TransGlobe Releases Operational Update for Q1 2022

According to the company's production Summary, TransGlobe's production from Egypt reached a year-to-date (YTD) average of 10,045 barrels of oil equivalent per day (boe/d). In Egypt production was impacted by poor ...

Neptune Energy Awards Drilling Contract in Germany to KCA Deutag

Neptune Energy has announced a drilling contract has been awarded to KCA Deutag for the Z17 well located in the Adorf carboniferous gas, in northwest Germany.

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