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Source:
Sharjah24
Egypt uncovers gas well producing 40M cu ft daily
The Egyptian Ministry of Petroleum and Mineral Resources announced the discovery of a new gas well in the Western Desert, with an initial production of 40 million cubic feet per day. The initiative aims to support increased local production and strengthen market supplies. Drilling was conducted by Khaleda Petroleum Company using the "Watda" well at a depth of 15,000 feet, where tests confirmed the presence of hydrocarbon-bearing formations. The well has been connected to the infrastructure at an estimated cost of $2.3 million, and the link to the national grid is expected to be completed before the end of July, to boost gas supplies and develop new discoveries.
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