Showing posts with label Producing Wells. Show all posts
Showing posts with label Producing Wells. Show all posts

Tuesday, February 25, 2020

The fifteenth Zohr well is expected to go online in March - ENTERPRISE

Tuesday, 25 February 2020
Italy’s Eni will begin commercial operations on the Zohr natural gas field’s 15th well next month, Oil Minister Tarek El Molla said, according to the local press. 

The new well will put the field on track to reaching maximum production capacity this year. 

Production at the Zohr field inched up to 2.7 bcf/d last November with the connection of four wells in the field’s southern region.

Tuesday, December 24, 2019

3rd well of Baltim SouthWest field added on production in January - EGYPT TODAY

Tue, Dec. 24, 2019

CAIRO – 24 December 2019: "The third well of the Baltim southwest field is planned to be added on production in January," Sources in the petroleum sector told Egypt Today Tuesday.

The Ministry of Petroleum announced in November adding the exploration wells, Baltim southwest 1 and Baltim southwest 2, in the Nile Delta region on the production map at production rates of about 190 million cubic feet of gas per day and about 1,300 barrels condensate per day.

In September, Eni announced the success of starting up production from the offshore Baltim South West gas field in Egypt after being discovered in June 2016.

The field is located in shallow waters 12 kilometers off the Mediterranean coast of Egypt in the Baltim South development lease. It lies 10km from the Nooros field, but still within the Great Nooros area.

The project is executed by Petrobel, the operating company jointly held by Eni and the Egyptian General Petroleum Corporation (EGPC) on behalf of Medgas.

Monday, December 16, 2019

Zohr continues to rise for Egypt - ENERGY VOICE

Tarek El-Molla visiting Zohr's onshore facilities 
16/DEC/2019, 9:09 am

Egypt’s Zohr field is producing at around 3 billion cubic feet (85 million cubic metres) per day, the country’s Ministry of Petroleum has said.

The production rate was disclosed during a visit to onshore facilities linked to the asset by Egyptian Minister of Petroleum Tarek El Molla, leading a parliamentary delegation. The statement from the ministry noted that Zohr, and other fields in the Mediterranean, had allowed Egypt to become once more self sufficient and return to exports.

El Molla had drawn attention to various stresses on the sector, including steadily increasing domestic demand and the need to develop infrastructure. Success had been driven by the ministry’s strategy, he continued, which had focused on drawing in more investment to the sector to bolster new reserves, while also supporting the development of discovered fields and domestic consumption in the use of gas, rather than oil products.

Tuesday, October 8, 2019

United Oil & Gas’ acquisition of Rockhopper Egypt on track to close by 4Q2019 - ENTERPRISE

Tuesday, 8 October 2019
United Oil & Gas’ acquisition of Rockhopper Egypt “progressing well”: Rockhopper Exploration’s sale of its Egypt business to Irish energy company United Oil & Gas is on track to be completed by the end of 4Q2019, Rockhopper said in a statement yesterday. Rockhopper and United had signed a USD 16 mn share purchase agreement in July, which would see the Irish company acquire a non-operating 22% interest in the onshore Abu Sennan oil concession, among other assets. The agreement “will be satisfied” once United makes a cash payment of at least USD 11 mn. BP had previously agreed to provide USD 8 mn to partially fund the acquisition after it entered an offtake agreement for United’s future oil and gas production.

Thursday, August 22, 2019

Zohr natural gas field production rises to 2.7 bcf/d - ENTERPRISE

Thursday, 22 August 2019

Production from the Zohr natural gas field has reached the 2.7 bcf/d mark four months ahead of schedule, Oil Minister Tarek El Molla said in a statement. 

This is significantly higher than the figures provided by Rosneft, which last week said production was currently averaging 2.4 bcf/d. 

The oil ministry’s figures mean that output has increased by 600 mcf/d since February, when the production stood at 2.1 bcf/d. 

Twelve wells in the field are now producing gas, the statement said. Field operator Eni originally estimated that production would peak at 2.7 bcf/d, but the ministry later said that output would rise above that to 3 bcf/d. 

Reuters also picked up the story.