Tuesday, September 5, 2017

Production from Shell’s Burullus gas fields rises to 526 mmcf/d in past year - ENERGY EGYPT


September 5, 2017

Production from Shell’s Burullus concession increased to 526 mmcf/d and over 6,000 bbl of condensates last year, Chairman of Shell JVs Rashpetco and Burullus Hisham Al Attar said, according to a statement from the Oil Ministry. Al Attar says that design and manufacturing works have been contracted on the West Delta Deep Marine Phase 9b project, but a contractor is yet to be picked. Rashpetco is set to drill two new exploration wells in 1Q2018, he adds, without specifying their location.

Chairman of Rashid Petroleum Company (Rashpetco) Hisham Al-Attar said that Burullus fields’ natural gas output rose to 526 million square feet per day and more than 6,000 barrels of condensates.

Al-Attar added, during the firm’s annual general meeting (AGM) to approve financial results for fiscal year 2016/2017, that Rashpetco plans to drill two new wells in the first quarter of 2018, according to a statement by the Ministry of Petroleum (MoP).

Rashpetco initiated the 9b phase of Burullus gas fields, he highlighted, adding that the firm will start production from the fields of Giza, Fayoum, and Raven after implementing facilities in the treatment plant as a part of the second phase of north Alexandria’s gas fields’ project.

The first phase of natural gas production from the fields of Taurus and Libra in north Alexandria had been linked with Rashpetco’s treatment plant last year, in coordination with British Petroleum (BP), he concluded.

SOURCE / Enterprise.press / Mubasher Info