Egypt Commissions New Oil Well With Output Potential Of 123,000 Barrels Of Oil Per Month

Egypt has launched a new gas and oil well in the country's Western Desert capable of producing 123,000 barrels of oil per month, according to a statement by the Petroleum and Mineral Resources Ministry, obtained by Sputnik

CAIRO (Pakistan Point News / Sputnik - 03rd June, 2020) Egypt has launched a new gas and oil well in the country's Western Desert capable of producing 123,000 barrels of oil per month, according to a statement by the Petroleum and Mineral Resources Ministry, obtained by Sputnik.

The 2.7-mile-deep well is located in the Abu Sinan area in the west of the country.

"The newly commissioned well allows [us] to produce 4,100 barrels of crude oil a day and 18 million cubic feet of gas," the statement read.

In December, the ministry announced putting into operation another well in the same area, capable of producing 7,000 barrels a day.