production | Egypt Oil & Gas - Part 34

Iran’s POGC to Drill New Well at South Pars

Iran’s 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, Shana news agency reported. The Director of th...

BAPETCO Achieves 97,000 boe/d Oil Output in FY2020/21

Badr Petroleum Company (BAPETCO)’s production levels reached 97,000 barrels of oil equivalent per day (boe/d) in FY 2020/21, the company’s chairman, Salah Abdel Kereem, stated. This was announced during th...

Rashpetco, Burullus Attain 405 mcf/d Natural Gas Output in FY2020/21

Rashid Petroleum (Rashpetco) and Burullus Gas Company’s natural gas total output reaches 405 million cubic feet per day (mcf/d) in FY 2020/21, the company’s chairman, Mohamed Samir, said. This came during ...

Agiba Petroleum Gas Production records 17 mcf/d in FY2020/21

Agiba Petroleum Company’s average production of natural gas reached 17 million cubic feet per day (mcf/d) during  FY 2020/21, Ahmed Mostafa, Agiba Petroleum’s Chairman, stated. This comes as Minister of Pe...

Sinopec Announces New Discovery in Xinjiang

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, Reuters re...

China’s CNPC Eyes New Shale Oil Production From Daqing Oilfield

China National Petroleum Company (CNPC) announced that it plans to produce new shale oil from formations within the area of the existing Daqing oilfield, Reuters reported. According to a statement,  new production pro...

SDX’s Production Exceeds Expectations for H1 2021

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, according to a press release. The company elaborated that the...

Iran to Develop West Karoun Oil Fields, Eyes 1 mb/d Output Increase

Iran plans to develop 11 oil fields in West Karoun to boost output by 1 million barrels per day (mb/d), Shana News Agency reported. West Karoun concession contains several oil fields shared by Iraq and Western Iran. T...

US Shale Oil Production Expected to Record 8.1 M (b/d), Highest Since May 2020

US Energy Information Administration (EIA) has projected country’s shale oil production to reach 8.1 million barrels per day (b/d) in September 2021, recording the highest production levels since May 2020; Reuters rep...

China’s Daily Crude Output Declines to 13.9 mb/d in July, Lowest Since May 2020

China’s daily crude throughput declined to 13. 9 million barrels per day (mb/d) in July, the lowest since May 2020, Reuters reported. This comes as the independent plants in China, also known as teapots, cut pro...

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