Thursday, July 28, 2016

Egypt's Badr El-Din ups oil production to 137,000 barrels/day - AMWAL AL GHAD / ZAWYA / REUTERS

Mahmoud Shaaban
28 July 2016

Badr El‐Din Petroleum Company (BAPETCo), a joint venture between the Egyptian Government and Shell, has recently boosted its oil production to around 137,000 barrels per day, its chairman announced Wednesday.

The production involves around 50,000 barrels of crude and condensates per day, chairman Emad Hamdy said.

Hamdy further added that BAPETCo's total natural gas production is estimated at 490 million cubic feet amid plans for increase in the coming period.

BAPETCo's wells are located in the Western Desert concession area, where Badr 3 is its flagship oil field.
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