Petrojet

Nidoco Southwest 3 started production

The new well, called Nidoco Southwest 3 has started production, Tarek El Molla, Minister of petroleum declared.

It is expected to produce 180 million cubic feet of natural gas and 1,500 barrels of condensate per day.

The minister added that the well was part of the ministry’s efforts to accelerate development projects and natural gas production progress according to the government’s time schedule and continuously following up for completing drilling new production wells in the least time schedule in order to maintain gas production rate, and it will further lead to an increase in the total local production.

El Molla has said that Egypt will achieve natural gas self-sufficiency by Q4 2018, and will begin exporting by the beginning of 2019.

  

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