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Hindi Gazprom breaks ground on integrated gas processing and petchem cluster in UstLuga
Abstract
Current production from the leases comprises 22 MMcf/d (net to Jura 6.05 MMcf/d) of Conventional Natural Gas (CNG) and 174 bbl/d (net to Jura 46.85 Bbl/d) of Natural Gas Liquids (NGLs) at an average NGL yield of 7.90 bbl/ MMcf. CNG production from the leases is being sold to Sui Southern Gas Co. Ltd. NGLs production is sold directly to refineries in Pakistan. Petroleum Exploration (Pvt.) Ltd. is operator of the block. Jura Energy holds 27.5% interest. TransGlobe details 2020 drilling program TransGlobe Energy Corp., Calgary, expects to spend $37.1 million for a 2020 drilling program that includes 16 wells in Egypt wells four wells in Canada. Average production in 2020 is expected to be 14,500-15,500 boe/d with a midpoint of 15,000 boe/d, with Egypt expected to produce 11,900-12,700 boe/d and Canada expected to produce 2,600–2,800 boe/d. Production in 2019 averaged 16,000 boe/d for the year. In Egypt, the company expects to spend $23.7 million this year on 12 development wells and four exploration wells, principally focused on the Eastern Desert. The program has $5.4 million (23%) allocated to exploration and $18.3 million (77%) to development. Development wells include four wells in West Bakr, one Red Bed appraisal well in the NW Exploration wells include one well in West Bakr, two wells in NW Gharib in the East Desert, and one well in South Ghazalat in the Western Desert. Gharib 3X pool, six wells targeting the Arta Nukul reservoir in West Gharib and NW Gharib, and a single well in the SGZ-6X pool, targeting the lower Bahariya reservoir in the Western Desert. Additional activity for 2020 involves ten recompletions in West Bakr, four recompletions in West Gharib, water handling expansion at West Bakr, and development/ maintenance projects in the Eastern Desert (West Bakr, NW Gharib, and West Gharib). Negotiations continue with the Egyptian government to amend, extend, and consolidate the company’s Eastern Desert concession agreements.
