Pharaonic Petroleum's total gas production hit 600 mcf/d - EGYPT TODAY /MENA

Thu, May. 31, 2018

CAIRO - 31 May 2018: The Pharaonic Petroleum Company (PhPC) on Thursday revealed that its total natural gas production hit 600 million cubic feet (mcf/d) per day, in addition to 11,000 barrels of condensate per day.

The announcement came during an inspection tour paid by Petroleum Minister Tarek el Molla to Port Said governorate to follow up on the progress of work at oil and gas production sites there.

During his tour, the minister said that underway projects to extract natural gas and its derivatives in Port Said represent a successful model on how to make good use of Egypt's natural gas resources.

The upcoming phase is expected to witness a boom in the activities of oil and gas exploration in some concession areas, especially after launching two global bids on this regard, el Molla added.

BP’s Atoll field is 93% complete, production on track by year’s end - ENERGY EGYPT

November 9, 2017

BP will launch production at the USD 3.8 bilion Atoll field in the North Damietta concession ahead of schedule by the end of the year, said Hassan Abady, Chairman BP JV Pharaonic Oil Company, Al Ahram reports. Development of the field is 93% complete, including the drilling of three deepwater wells 950 meters below the water’s surface. The field is expected to produce 300 mcf/d and 8k bbl/d once online.

BP’s Atoll field is 93% complete

Development works of British Petroleum’s (BP) Atoll Phase One project is 93 percent complete, head of BP’s joint venture Pharaonic Petroleum Company, Hassan Abady said Wednesday.

Production at BP’s Atoll gas field targeted for end of 2017 - ENTERPRISE

Tuesday, 15 August 2017

BP will launch production at the USD 3.8 bn Atoll field by the end of this year, the Oil Ministry said in a statement. 

70% of the field has been developed so far with three wells having been completed, said Hassan Abbady, chairman of the BP JV Pharaonic Oil Company.