Qarun to Drill 22 Wells in 2018/2019
Qarun Petroleum Company plans to drill 22 wells to expand its activities during fiscal year (FY) 2018/2019, for production to reach 11.9 million barrels during the fiscal year.
production | Egypt Oil & Gas - Part 62
Electricity Production, Consumption Decrease
Egypt’s electricity generation fell by 7.6% to 15.8 kWh in October 2017, from the 17.1 kWh produced in September 2017.
Diesel Output Fell by 7.8% Y.o.Y
Egypt’s diesel production decreased by around 7.8% year-on-year (Y.o.Y) to 544,000 tons in November 2017, compared to 590,000 tons in November 2016.
Agiba Petroleum to Produce 16.4 mscf/d in FY 2018/2019
Agiba Petroleum Company plans to produce 16.4 million standard cubic feet per day (mscf/d) during fiscal year (FY) 2018/2019.
Egypt’s Butane Imports declined by 11.45%
Egypt’s butane imports fell by around 11.45% year-on-year (Y.o.Y) to record 193,300 tons in November 2017, compared to 218,300 tons in November 2016.
Egypt’s Consumption of Petroleum Products Decreases by 4.4% Y.o.Y
Consumption of petroleum products declined by 4.4% Year-on-Year (Y.o.Y), from 3 million tons in November 2016 to 2.877 million tons in November 2017.
SDX Targets 4,422 boe/d from North West Gemsa in 2018
SDX Energy Incorporation announced plans to maintain 2017 production rates from North West Gemsa during 2018, standing at 4,422 barrel of oil equivalent per day (boe/d).
Pharaonic Petroleum to Produce 512 mscf/d of Natural Gas in 2018/2019
Pharaonic Petroleum Company plans to produce up to 512 million standard cubic feet per day (mscf/d) of natural gas and around 9,000 barrels per day (b/d) of condensates during FY 2018/2019.
Petrobel to Boost Production to 358,000 boe/d
Belayim Petroleum Company (Petrobel) plans to boost average production to reach 358,000 barrels of equivalent per day (boe/d) during FY 2018/2019.
SDX to Increase Natural Gas Gross Production from Morocco
SDX Energy Incorporation announced plans to increase its natural gas gross production from Morocco to reach between 8 and 10 million standard cubic feet per day (mscf/d) by the end of 2018.
