Petroshrouk Investments Reach $184 million in 2020/21
Petroshrouk succeeded in meeting the required production rates of 2020/21, producing an average of around 2.6 billion cubic feet per day (bcf/d).
Petroshrouk succeeded in meeting the required production rates of 2020/21, producing an average of around 2.6 billion cubic feet per day (bcf/d).
Egypt's working interest production from the Abu Qir area averaged at 31, 400 barrels of oil equivalent per day (31.4 kboed), of which 87% were gas, during 1H 2021.
LUKOIL company stated that its production from West Siberian fields has reached 2 billion tons of oil since the beginning of the commercial development.
Pars Oil and Gas Company (POGC) announced that it intends to drill new well at South Pars offshore gas filed with the aim of preserve the field’s production.
BAPETCO's production levels were divided into 349 million cubic feet per day (mcf/d) of natural gas, and 34,300 barrels per day of oil and condensates.
The company further produced 9,600 barrels per day (b/d) of oil condensates, despite the challenges imposed by the Corona Virus Pandemic.
Agiba added around 6 million barrels of crude oil and 4.2 billion cf of natural gas to its recoverable reserves.
Sinopec Company announced that it has achieved a new oil discovery, that can produce more than 100 million tons of oil and gas, in the Shunbei area of the Tarim Basin in the country's Xinjiang region.
China National Petroleum Company (CNPC) announced that it plans to produce from new shale oil from formations within the area of the existing Daqing oilfield.
SDX company has achieved production of 5,931 barrels of oil equivalent per day (boe/d) during H1 2021,
3% higher than the midpoint guidance of 5,770 boe/d.