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400 mcfp/d Increasing in Rashid Production in June 2014

Source: www.gulfoilandgas.com 1/20/2014, Location: Africa

Rashid Petroleum company started the implementation of the program for the early production from the fields of the ninth stage "A" Burullus zone with production capacity of 400 mcfp/d, to meet the expected increase in the consumption of power plants from gas during the summer, and put it on the national network of gas beginning of next June, instead of the planned date of August, with an investment of 1.6 billion dollars.

Eng Mohamed El Masry, president of Rashid Petroleum Company, said that the ninth stage (A) include 9 wells, eight of them were drilled. also a drilling rig was arrived to drill the ninth well.

He explained that the eight wells that have been drilled, including one well was drilled horizontally to become the first well drilled on the Mediterranean with this system, which gave the production rate of 55 million cubic feet of gas and 1,400 barrels condensate per day.

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