Egypt's current account gap narrows, but overall BoP records deficit    Egypt's PM reviews debt reduction strategy, eyes more private investment    Egypt hosts international neurosurgery conference to drive medical innovation    Egypt, India discuss expanding industrial, investment partnerships    World Bank proposes Egypt join new global health initiative    Egypt's EDA discusses Johnson & Johnson's plans to expand investment in local pharmaceutical sector    I won't trade my identity to please market: Douzi    Sisi sends letter to Nigerian president affirming strategic ties    Egypt welcomes 25-nation statement urging end to Gaza war    Egypt, Senegal sign pharma MoU to unify regulatory standards    Egyptian pound ticks down in early Tuesday trading    Famine kills more Gaza children as Israel tightens siege amid global outrage    Kuwait's Crown Prince, Egyptian minister discuss strengthening cooperation    Egyptian Drug Authority discusses plans for joint pharmaceutical plant in Zambia    Egypt's FM seeks deeper economic, security ties on five-nation West Africa tour    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt foils terrorist plot, kills two militants linked to Hasm group    Egypt, Somalia discuss closer environmental cooperation    Egypt exports 175K tons of food in one week    Giza Pyramids' interior lighting updated with new LED system    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, Uruguay eager to expand trade across key sectors    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Monthly decline in Shell's production from Borollos, Rasheed fields of 10m cubic feet of gas
Projects produces 240m cubic feet of gas per day: source
Published in Daily News Egypt on 21 - 04 - 2019

The Egyptian Natural Gas Holding Company (EGAS) estimated the natural decline of the production of gas fields from Borollos and Rasheed owned by Dutch Shell to be a monthly 10m cubic feet as a result of a delay in completing the development plans.
A source at EGAS said that the natural decline rate in Borollos and Rasheed is high, and compensation will begin as the first 9B phase is connected to Borollos before the end of the fiscal year (FY).
He explained that Shell seeks to link 100m cubic feet of gas per day from the first phase of the project 9B to Borollos during the first half of this year, to increase production rates and compensate for the rate of natural decline.
The source added that the project includes eight productive wells, and two exploration wells. The production of the second phase will be completed in 9B during the next FY.
He pointed out that Shell aims to increase the production of the fields of Borollos and Rasheed to about 350m cubic feet per day by the end of the current FY, compared to the current 240m cubic feet, through the completion of linking 100m feet of gas per day from 9B.
The source said that the drilling of four wells in phase 9B in the Borollos field in the deep waters is completed, and two of them were linked to production by the end of last year.
He pointed out that the Egyptian General Petroleum Authority pays about $3.1m as value of one million thermal units of the share of Dutch Shell in the natural gas produced from stage 9B in Borollos.
Shell has allocated about $500m in investments in 2019/20 to implement a number of projects in phase 9B and the construction project of a pipeline to link the West Delta gas fields.
The reserves of Borollos are estimated to be 5tn cubic feet of gas and about 55m barrels of condensates.
The source said that the maximum production capacity of a single well in 9B is Borollos is 50m cubic feet of gas per day.
The ministry of petroleum aims to increase the production of the current gas wells and carry out development projects of the explored gas fields, as well as speed up the work in them to allow them to compensate for the natural decline in the production of old fields, in addition to increasing Egypt's natural gas production.


Clic here to read the story from its source.