Egypt adds 12,000 barrels per day from two-week Western Desert investments

Egypt's petroleum sector has added nearly 12,000 barrels per day (bpd) of crude oil and condensates to Western Desert output over the past two weeks, according to a statement from the Ministry of Petroleum, cited by Economy Plus on June 14.

The new production comprises more than 10,000 bpd from Khalda Petroleum's fields and around 1,500 bpd from the Egyptian General Petroleum Corporation's (EGPC) Abu Sennan area.

Khalda Petroleum, a joint venture between the Egyptian General Petroleum Authority and US energy firm Apache Corporation (NASDAQ: APA) raised output from 113,300 bpd on May 26 to nearly 123,500 bpd by June, following the commissioning of five new wells (three development and two exploration) supported by digital technologies and artificial intelligence.

The gains are driven by intensive investment programmes following the restoration of confidence with foreign partners after Egypt cleared $6.1bn in accumulated arrears owed to international companies.

EGPC, meanwhile, reached its highest production level since October 2024, with total output of approximately 74,500 barrels of oil equivalent per day, including around 61,000 bpd of crude oil.

The exploration well GPF-1X in the Abu Sennan area came onstream at around 1,500 bpd of crude oil and 1mn cubic feet of natural gas per day. Drilling results also indicated positive signs of oil-bearing structures in additional layers, with further testing and evaluation planned in the coming period.