Arab Finance: Egyptian petroleum companies jointly added 45 million cubic feet of gas per day (MMcf/d) and 540 barrels of condensate per day from four wells across the Western Desert, the Nile Delta, and the Gulf of Suez.
The expansion supports the Ministry of Petroleum and Mineral Resources' efforts to boost local natural gas production, enhance market supplies, and reduce imports.
Khalda Petroleum Company contributed to the achievement by bringing the SKAL-2 well in the West Kalabsha area of the Western Desert online, producing around 12 MMcf/d of gas.
Al Amal Petroleum Company (Amapetco) returned the Amal-23 A ST well in the Gulf of Suez to production following repair work, reaching a rate of 15 MMcf/d of gas.
In the Nile Delta, the Ezz-2 well generated 10 MMcf/d, alongside 460 barrels of condensate per day. Meanwhile, Disouq Petroleum Company (DISOUCO) started production from the MA-1X well at about 8 MMcf/d and 80 barrels of condensate per day.
Meanwhile, the petroleum sector is working with production companies and investment partners to accelerate drilling, development, and workover programs, while maximizing the use of existing infrastructure. The efforts aim to bring additional wells online and boost local gas supplies, helping reduce reliance on imports.