Sipetrol Makes 8th Oil Discovery in North Bahariva

The international Sipetrol subsidiary of Chile's state oil company Enap has made its eighth oil discovery in the North Bahariva concession in Egypt's western desert, the company said in a statement.

One zone of interest was tested with an initial production of 500 barrels of crude a day (b/d) with API grade 40, but production was later increased to 570b/d, the statement said.

Sipetrol operates the North Bahariva concession with a 50% stake. Oil production began in September 2004.

Visit BNamericas to access our real-time news reports, 7-year archive, Fact File company database, and latest research reports. Click here for a Free two week trial to our Latin America Oil & Gas information service.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Geologist / Environmental Engineer
Expertise: Environmental Engineer|Geologist
Location: Atlanta, GA
 
Sr. Geologist - Delaware Basin Subsurface Reservoir Characterization
Expertise: Geologist
Location: Midland, TX
 
Project Controller
Expertise: Accounting|Asset Management
Location: Bakersfield, CA
 
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours