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Shell and EGPC extend Egypt Western Desert development

$600 million for new Bapetco exploration campaign

Badr Petroleum Company (Bapetco) is a joint venture established in Egypt between Shell and the national oil company (NOC) Egypt General Petroleum Company (EGPC).

Bapetco’s main activity is to explore and develop oil and gas fields.

Through its upstream activities, Bapetco is involved in the Badr el Din, North East Abu Gharadig, Obaiyed, Sitra, Matruh and others concessions.

In January 2012, Shell, and its partners Vegas and GDF Suez, made a final investment decision (FID) on further development in the Alam El Shawish West (AESW) gas concession.

This exploration expansion is targeting the Assil and Karam gas fields

 In 2010 Shell had signed a farm-in agreement with its partners Vegas and GDF Suez to speed up the development of the Alam El Shawish West (AESW) gas concession.

Today the working interests are shared between:

 – Shell 40% with Bapetco acting as the operator

 – Vegas 35%

 – GDF Suez 25%

The Alam El Shawish West (AESW) concession covers multiple oil and gas fields still with discovery potential.

Assil and Karam are the deepest fields identified in the Alam El Shawish West (AESW) gas concession with some pockets of crude oil.

The Assil and Karam gas fields are expected to produce 200 million cf/d of natural gas.

Shell pioneers foam hydraulic fracturing in Egypt

For the new Western Desert development program Bapetco acting as the operator is planning to drill 65 exploration wells in the next 12 months to extend reserves and boost production.

Then Bapetco will drill three appraisal wells using foam hydraulic fracturing technology for the first time in Egypt and North Africa to escalate natural gas production from 0.5 million cf/d to 5 million cf/d.

The reserves are estimated to 600 billion cf, but with the new techniques, Shell and its partners expect to increase the proportion of recoverable reserves.

In the Bahga, Sitra and Badr-3 oil fields Bapteco managed to increase the recoverable reserves by approximately 15 million barrels.

Shell to double recoverable reserves in Sitra

In Sitra , Bapetco started to drill 20 new wells to double its production and increase the recoverable reserves of oil by 8 million barrels.

During the fiscal year 2012 – 2013, Bapteco will also drill in the Western Desert:

 – 55 developmental wells

 – 10 exploration wells

Through this new Western Desert development program, Shell and EGPC are targeting to increase the oil and gas production by 3% to reach:

 – 36,000 b/d of oil

 – 400 million cf/d of natural gas  an increase of 3% from the plan.

In 2011 Shell celebrated its 100 year presence in Egypt.

Today most of Shell‘s upstream operations are located in the Western Desert and Nile delta.

Through their joint venture Bapetco, Shell and EGPC are exploring and developing successfully the Western Desert for the past three decades, with this additional $600 million development program, they intent to confirm their long standing presence and Market Leadership in Egypt.

For more information and data about oil and gas and petrochemical projects go to Project Smart Explorer

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