production | Egypt Oil & Gas - Part 67
Egypt’s Gas Production Rises
Egypt’s production of natural gas rose to 3.19 million tons in June, a year-on-year (y-o-y) increase of 26.5% from last year’s 2.52 million tons.
Petrobel Exceeds Gas Production Target
Belayim Petroleum Company (Petrobel) has exceeded its production target for gas by 30% during the current fiscal year.
Agiba Petroleum Increases Production, Reserves
The head of Agiba Petroleum, Alaa El Batal, reported that the company increased both reserves and production during fiscal year (FY) 2016/2017.
Khalda Achieves 99% of Production Target
Khalda Petroleum Company’s production of natural gas reached 4,643,282 barrels of oil equivalent (boe) in July, 99% of its targeted production of 4,677,635 boe for the month.
TransGlobe Produces 13,851 b/d of Crude
TransGlobe Energy Corporation announced production rates of 13,851 barrels per day (b/d) of oil from its Egyptian fields during the second quarter of 2017.
Dana Gas: Production in Egypt Rose in 1H
Dana Gas announced that its production of gas in Egypt rose by 13%.
Security Challenges Continue to Plague Libya’s Sharara Field
Security issues at Sharara continue to hamper production at Libya's most important oil field. US Oil Prices Sink Below $50
The US price of crude oil is hovering under $50 per barrel despite this week's meeting of oil producers in Abu Dhabi to discuss compliance with January's production-cut agreement.
