article thumbnail

Khalda Petroleum to Bring 2 New Wells Online This June

Egypt Oil & Gas

Khalda Petroleum, a joint venture (JV) between the Egyptian General Petroleum Corporation (EGPC) and Apache Corporation, is bringing two new wells into production in June 2025, with an initial estimated total of 5,400 barrels of crude oil per day (bbl/d). Khalda completed drilling operations for the Fox Deep-02 appraisal well.

article thumbnail

Enverus EVOLVE: Creating the future of energy with AI, intelligence and innovation

Enverus

Andrew McMurray, CEO of ShearFRAC, said, “Enverus was the obvious choice for us as a technology service business in the oil field services space. Asset Optimization: Permian inventory is increasingly scarce, with seven operators controlling 71% of remaining sub-$50/bbl inventory.

Energy 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Genel Energy issues Trading and Ops Update

Iraq Business News: Oil & Gas

The operational performance delivered from the Tawke and Peshkabir fields, together with the significant cost efficiency, continues to set these fields apart from others in the region.

Energy 97
article thumbnail

Oil Review Middle East - Untitled Article

Oil Review Middle East

Saudi Arabia is home to the Jafurah gas field, the largest liquid-rich shale gas play in the Middle East, estimated to contain more than 200 trillion scf of gas and 75bn bbl of condensates. While Abu Dhabi holds an estimated 220 bbl of unconventional oil and 460 Tcf of unconventional gas in place.

BBL 59
article thumbnail

GPC Operates Modern Drilling Rigs in Eastern Desert, To Drill 75 Oil Wells in One Year

Egypt Oil & Gas

This is expected to add about 7,500 barrels per day (bbl/d) and increase the total production of Ras Gharib fields to 9,000 bbl/d, driven by the efforts of GPCs engineers and technicians.

article thumbnail

Strathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal

Oil & Gas 360º

Field Operating Income is a common metric used in the oil and natural gas industry to assess the profitability and efficiency of the Companys field operations. The following table reconciles Field Operating Income to the nearest GAAP measure. Boe may be misleading, particularly if used in isolation. USD-CAD and C$3 / GJ AECO.

BBL 130
article thumbnail

Zephyr Energy announces initial results from State 36-2R well evaluation Williston Project and Zephyr Hawk update

Oil & Gas 360º

.” State 36-2R well evaluation The Zephyr team has conducted an integrated post well evaluation incorporating all geological, geophysical and engineering data gathered from the State 36-2R well and from the greater field area. The Company hedged a total of 18,000 barrels of oil (“bbls”) in Q1. net wells).

BCF 130