Egypt News
4 Qarun Completes Developmental Wells Qarun Petroleum Company, a joint venture between EGPC and Apache Corporation, recently drilled a new exploratory well and completed three new developmental wells in its concession area in the Western Desert. Qarun’s production rate of crude oil reached 1,432,566 barrels in July 2013. WON C-2 The WON C-2 oil producing exploratory well was drilled to a depth of 11,790 ft utilizing the EDC-17 rig. Investments surrounding the drilling process are estimated at USD 3.948 million. ED-58 The ED-58 oil producing new develop-
mental well was drilled to a depth of 6,400 ft utilizing the EDC-64 rig. Investments surrounding the drilling process are estimated at USD 656,000.
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KARAM NW-7 The KARAM NW-7 oil producing new developmental well was drilled to a depth of 8,190 ft utilizing the EDC-47 rig. Investments surrounding the drilling process are estimated at USD 1.253 million. KARAMA-18 The KARAMA-18 oil producing new developmental well was drilled to a depth of 8,350 ft utilizing the EDC-47 rig. Investments surrounding the drilling process are estimated at USD 1 million.
Khalda Drills Four Wells
Khalda Petroleum Company, a joint venture between EGPC and Apache Corporation, recently drilled a new exploratory well and three new developmental wells in its concession area in the Western Desert. PEPI NE-1X The PEPI NE-1X oil producing exploratory well was drilled to a depth of 14,334 ft utilizing the EDC-48 rig. The well was permanently abandoned. Investments surrounding the drilling process are estimated at USD 2.434 million. M.RZK-106 The M.RZK-106 oil producing developmental well was drilled to a depth of
7,126 ft utilizing the EDC-66 rig. Investments surrounding the drilling process are estimated at USD 200,000. KHALDA SW-4 The KHALDA SW-4 oil producing developmental well was drilled to a depth of 12,080 ft utilizing the EDC-8 rig. Investments surrounding the drilling process are estimated at USD 2.226 million. MRZK-103 The MRZK-103 oil producing developmental well was drilled to a depth of 6,805 ft utilizing the EDC-65 rig. Investments surrounding the drilling process are estimated at USD 430,000.
PGNiG Drills an Exploratory Well Polish Oil & Gas Company (PGNiG) recently drilled a new exploratory well. The drilling operations occurred in the company’s concession area in the Western Desert. The BAH A-1X oil pro-
ducing exploratory well was drilled to a depth of 7,945 ft utilizing the NAFTA-1 rig. The well was permanently abandoned. Investments surrounding the drilling process are estimated at USD 2.354 million.
GUPCO Drills a Developmental Well in the Gulf of Suez
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GUPCO, a joint venture between EGPC and BP, recently drilled a new developmental well. The drilling operations occurred in the company’s concession area in the Gulf of Suez. The OCT.J-6 ST-3 oil producing developmental well was
Egypt Oil & Gas Newspaper
drilled in 229 days to a depth of 14,950 ft utilizing the BENNEVIS rig. Investments surrounding the drilling process are estimated at USD 23.441 million. GUPCO’s production rate of crude oil reached 1,997,988 barrels in July 2013.
Agiba Drills Four Developmental Wells Agiba Petroleum Company, a joint venture between EGPC, Mitsui (10%) and IEOC (40%), recently drilled four new developmental wells in its concession area in the Western Desert. Agiba’s production rate of crude oil reached 1,970,501 barrels in July 2013. DEEP-10 ST The DEEP-10 ST oil producing developmental well was drilled to a depth of 10,500 ft utilizing the ST-8 rig. Investments surrounding the drilling process are estimated at USD 3.658 million. E.AGHAR-18 The E.AGHAR-18 oil producing developmental well was drilled to a depth of 6,500 ft utilizing the WF-161 rig. Investments surrounding the drilling process are estimated at USD 917,000.
ZARIF-43 The ZARIF-43 oil producing developmental well was drilled to a depth of 5,100 ft utilizing the PDI-104 rig. Investments surrounding the drilling process are estimated at USD 700,000. ZARIF-42 The ZARIF-42 oil producing developmental well was drilled to a depth of 5,130 ft utilizing the PDI104 rig. The well has crude oil, but it was temporarily abandoned. Investments surrounding the drilling process are estimated at USD 600,000.