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Egypt's new well boosts gas reserves
The Egyptian Minister of Petroleum confirmed that the ministry has successfully prepared the groundwork to expand the application of horizontal drilling and hydraulic fracturing techniques to increase well productivity, with the goal of doubling domestic oil and gas production. He pointed out that a new project in the Badr 15 area will add approximately 15 billion cubic feet of natural gas to the local reserves. The ongoing hydraulic fracturing operations, which have contributed to an increase in production of over 10,000 barrels of oil and 15 million cubic feet of gas per day, are helping to strengthen Egypt's economy and energy security.
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