Egypt achieves a new petroleum statement in Western Sahara
Cairo, August 27 / WAM / The Egyptian Ministry of Petroleum and Mineral Resources announced the success of digging the exploratory well “North Lotus-1” of the “Agiba Petroleum” company in Western Sahara, with investments from the Italian company “Eni”, to add about 1835 barrels of crude oil and 7 million cubic feet of gas per day, equivalent to 3100 barrels of reward About 5 million equivalent barrels.
The ministry confirmed in a statement today that the well is the first horizontal exploratory well in the history of “Wonderful Petroleum”, and reflects the success of the employment of modern technology to raise production rates from the layers of deep mosques, which is the deep sedimentary rock layers that contain oil or gas reservoirs .. explaining that 7 million cubic feet of gas and 550 barrels of oil are added daily, with a production increase of six times the rates Traditional.
Engineer Karim Badawi, Minister of Petroleum and Mineral Resources, explained that investments at the company “Agiba” amounted to 404 million dollars during the year, with a average production exceeding 26 thousand barrels of raw oil and 77 million cubic feet of gas per day, with a total of more than 40 thousand barrels per day .. Also, 28 productive wells and two welded wells and operation of the accompanying water treatment plant.
The Italian company “Eni”, through its president in Egypt, Francesco Gaspari, affirmed its commitment to expanding the investments of Western Sahara, praising the capabilities of the region and the ease of its deep classes for new discoveries.
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and
