09 January, 2017
The total natural gas production of Egypt's Badr El Din Petroleum Company- Bapetco is estimated at around 500 million cubic feet daily, Chairman Emad Hamdy stated Saturday.
Hamdy told Amwal Al Ghad that firm's production of natural gas covers massive part of local market's needs of natural gas.
Bapetco -the local partner of Royal Dutch Shell- raised the total production within the last three years from 98,000 barrels of oil equivalent (BOE) to 140,000 BOE.
Thursday, 15th December 2016
In a statement to Egypt Oil&Gas, Badr El Din Petroleum (Bapetco)’s CEO, Emad Hamdy, stated that the company is in talks with its foreign partner Royal Dutch Shell on linking production for a new discovery at North Alam El Shawish concession, BTE-2 well, to Badr-3 gas process facilities that is located 40km away from the well. Bapetco will use one of the pipelines near the new well to transport gas from BTE-2 to the facility, where it will be mixed with process gas to meet standards set forth by the Egyptian government.
BTE-2 well is expected to produce 40mcf/d of gas during its first phase. During the second phase, the company will drill 6 development wells, as well as build facilities to move gas to the proessing facility at Badr3 and increase the capacity of the carbon dioxide extracting unit to be able to treat the gas produced from BTE-2 which is expected to reach 150mcf/d.
Wednesday, 14th December 2016
An official with Badr El Din Petroleum (BAPETCo) stated to Egypt Oil&Gas that the company has rented the services of two new 1,500-horespower rigs. This brings the total number of rigs employed by BAPETCo to four, in an attempt to execute the company’s extensive drilling strategy.
The rigs, originally owned by the Egyptian Drilling Company, cost BAPETCo $20,000 daily. The EDC-51 rig was deployed in the beginning of December 2016. It will be used to drill J-14/4 well. EDC-42 rig will also be used to drill SITRA-44 and it will start running in January 2017. The remaining rigs, EDC-52 and EDC-72, are used in the Yas-1 exploratory well and SITRA8-42 development well, respectively.
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.
January 26, 2016, ENERGY EGYPT
Drilling of 14 exploratory and developmental wells with 100% of drilling plan achieved during first half of current fiscal year.
Badr El Din Petroleum Company (Bapetco) General Assembly Meeting, chaired by Eng. Tarek El-Molla, Minister of Petroleum and Mineral Resources, ratified the company’s amendment to the fiscal year 2015/2016 budget, and also ratified the budget for the fiscal year 2016/2017.
The meeting was held in the presence of Dr. Sherif Sousa, First Undersecretary of the Ministry of Petroleum for Gas Affairs, Eng. Mohamed Taher, First Undersecretary of the Ministry of Petroleum for Petroleum Affairs, Eng. Mohamed El-Masry, CEO of Egyptian General Petroleum Corporation (EGPC), Eng. Khaled Abdel Badie, Head of Egyptian Natural Gas Holding Company (EGAS), Mr. Aidan Murphy, Chairman of Shell Egypt, Mr. Tom Maher, General Manager of Apache Egypt, as well as the Chairmans of French Engie and Chinese PetroChina.
