Egypt

PhPc Increased natural gas production to 450 million cubic feet per day

Published on : 2020-10-19

Almal - The Pharaonic Petroleum Company’s production rates of natural gas increased significantly during the current period, reaching 450 million cubic feet per day, and about 8 thousand barrels of condensate.

It is noteworthy that the daily production rate of the Pharaonic Company amounted to 411 million cubic feet of natural gas, in addition to 7.6 thousand barrels of condensate during the past year.

The Pharaonic Petroleum Company is intensifying its efforts and endeavors to start producing gas from the wells "Atoll" and "Kattameya", with investments ranging from 270 to 280 million dollars.

The Atoll well is expected to produce about 100 million cubic feet of natural gas per day, compared to 40 million for the Katameya well.

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