Fri. Jun 19th, 2026

Egypt’s oil and gas sector has added approximately 12,000 barrels per day of crude oil and condensates to Western Desert production over a two-week period, the Ministry of Petroleum and Mineral Resources announced, reflecting the impact of intensified investment programmes and accelerated drilling activity.

The bulk of the gain came from Khalda Petroleum Company, a joint venture between the Egyptian General Petroleum Corporation (EGPC) and US-based Apache, which added more than 10,000 barrels per day of crude oil and condensates in the fortnight, pushing the company’s total production to around 123,500 barrels per day as of 8 June 2026. The ministry attributed Khalda’s strong field results to the success of recent intensive investment programmes driven by the gradual settlement of outstanding dues to foreign partners, which boosted spending and accelerated drilling and exploration activity.

The General Petroleum Company (GPC) also recorded its highest production levels since October 2024, with total output reaching approximately 74,500 barrels of oil equivalent per day — including nearly 61,000 barrels of crude oil — reflecting improved field operating efficiency and accelerated development plans. The company recorded a notable production addition from the Abu Sannan area in the Western Desert, which it described as a model for maximising the value of producing fields through advanced technologies and Egyptian technical expertise.

The exploratory well GPF1X was brought onstream at a rate of roughly 1,500 barrels of crude oil per day alongside 1 million cubic feet of natural gas per day. Drilling results also indicated positive signs of oil-bearing formations in other layers, including the North Bahariya and Abu Rawash formations, with plans in place to continue testing and evaluation in the coming period.

The results were described by the ministry as consistent with its strategy of developing new discoveries while maximising utilisation of existing fields.

Source: egyptoil-gas.com

Leave a Reply

Your email address will not be published. Required fields are marked *