production | Egypt Oil & Gas - Part 52

production | Egypt Oil & Gas - Part 52

Shell Gas Production from Burullus and Rashid Drops by 37.5%

Royal Dutch Shell natural gas production from Burullus and Rashid fields declined by 37.5%, reaching 250 mmscf/d compared to 400 mmscf/d a year ago due to the natural decline of wells.

Egypt Diesel Consumption Drops 4.1% YOY

Egypt’s diesel consumption decreased by 4.095% YOY in December 2018, recording 1.171 million tons, down from the 1.221 million tons of December 2017.

Egyptian Butane Imports Drops by 23.17% YOY

Egyptian butane imports fell by 23.17% YOY, reaching 181,000 tons in December 2018 compared to 235,600 imported in December 2017.

Petroleum Products Consumption Falls by 11.19% YOY

Egypt’s consumption of petroleum products dropped by around 11.19% YOY in December 2018 to 2.596 million tons, compared to 2.923 million tons in December 2017.

Egypt’s Natural Gas Output Increases 20.99% YOY

Egypt’s natural gas output increased by 20.99% YOY, reaching 4.178 million tons in December 2018, up from the 3.453 million tons produced in December 2017.

Egyptian Natural Gas Output Reaches 6.8 bcf/d

Egyptian natural gas output has reached 6.8 bcf/d upon adding production from the West Nile Delta project phase 2 as well as other projects.

Abu Qir Petroleum Allocates $190 M Investments in FY 2019/20 Budget

The company will drill and complete five development wells, adding around 5,000 boe/d to its production.

Khalda Petroleum Allocates $747 M Investments for 2019/20

The company plans to drill 35 exploratory wells and 44 development wells and to complete wells to achieve an average production of 134,000 barrel per day (b/d) of crude oil, 28,000 b/d of condensates, 106 tons of ...

Qarun Petroleum to Invest $238 M in 2019/20

The company will drill 25 development wells and 10 exploratory wells in FY 2019/20 and it plans to produce 41,000 barrels per day (b/d).

Petrobel Allocates $1.2 B for Zohr Development

The company is having an ambitious plan to produce around 1 bcf of natural gas and 1.8 million barrels of condensates, boosting the field's production to 3 billion bcf/d after all the phases are completed.

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