Arab FinanceEngineer Karim Badawi, Minister of Petroleum and Mineral Resources, accompanied by Minister Mohamed Gibran, Minister of Labor, and leaders of the petroleum sector visited the SOCO company’s site in the Abu Redis area, which recently witnessed a distinguished achievement in Ras Badran fieldIt succeeded in increasing the company's production to 7,500 barrels of equivalent per day within three months of operations, after the initial plan (baseline) aimed to achieve a production of approximately 3,100 barrels per day for the current year. An increase estimated at 3,800 barrels per day.
Steps to achieve the increase included repairing broken wells, as changing faulty pumps in wells was a major driver for increasing production, drilling and processing operations without the use of a driller to speed up the increase in production rates, and testing the rim layer, where the initial results of testing the rim layer in the RB-A3b well showed promise of 1,750 barrels. daily oil, which added a new dimension to production capabilities, as well as plans for development wells and development of the Metla layer in Ras Badran field, and drilling an exploratory well targeting The southwestern region of the field, hoping to add new horizons to increase production.
Future plans include adding a land rig to work in the Jabal al-Zeit field, in addition to another offshore rig for Ras Badran, with the aim of reaching production rates of approximately 10,000 barrels per day, achieving more than three times the baseline production.
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