Hey everyone! Big news from Egypt: the Egyptian General Petroleum Corporation (EGPC) has uncovered a fresh oil reserve in the Abu Sennan field of the Western Desert. Preliminary tests from the GPR-1X well indicate promising rates of up to 1,400 barrels of crude oil per day along with about one million cubic feet of natural gas coming from the Bahariya formation.
This exciting discovery is set to add roughly two million recoverable barrels to Egypt's reserves. EGPC's innovative approach, including the use of AI-powered exploration techniques, has even revealed signs of additional petroleum in nearby formations through advanced electrical logging data.
Notably, this is the second breakthrough in the region over the past three months, highlighting how tech-driven insights are reviving mature fields. With major discoveries like the Zohr gas field in the Mediterranean paving the way, Egypt is on track to become a prominent regional hub for oil and liquefied natural gas.
Stay tuned for more vibrant updates as technology and energy exploration continue to drive new opportunities in the industry! 😊
Reference(s):
cgtn.com
