Arab Finance: Within the framework of the first axis of the Ministry of Petroleum and Mineral Resources strategy to maximize local production of natural gas and meet the needs of the local market, the company continued Burullus for gas Achieving remarkable progress, by introducing the development well “Sparrow West-1” on the production map, within the eleventh stage of the Deep Nile Delta Development Project (WDDM), which is occupied by Rashid Petroleum Company in partnership with the Shall and Petronas.
“Sparrow West-1” is the second well to be linked to production within this stage, after the “Siena de E” well, as part of a plan aimed at increasing gas production by about 130 million cubic feet per day.
The initial tests of the new well showed the results of technical estimates, with a targeted production rate of about 40 million cubic feet of gas per day, and it is expected to contribute to improving the efficiency of the production network and enhancing the performance of neighboring wells.
Thus, the company has succeeded in adding about 80 million cubic feet per day of natural gas in less than three weeks through the two wells “Siena DE” and “Sparrow West-1”, in an achievement that reflects the speed of implementation and commitment to raising the productive efficiency.
In a related context, the pace of work is currently accelerating in the third well of the same stage, in preparation for its connection to production by next September, in support of the local supply network during the summer peak period, and contributes to reducing dependence on import and enhancing the diversity of sources of supply of the National Gas Network.
The Ministry of Petroleum and Mineral Resources confirms its full commitment to supporting production plans and stimulating investments in the gas sector, as well as enhancing cooperation with global energy companies, in order to contribute to improving operation efficiency and increasing dependence on local resources, and creating an encouraging environment to pump new investments into this vital sector.
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