Petroleum: 317 million cubic feet of gas per day, production of Rashid and Burullus 2021/2022


Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, affirmed that the increasing global demand for energy resources, especially natural gas, encouraged international companies to intensify research and exploration operations and develop discoveries with the aim of increasing production and benefiting from the current levels of global prices, pointing to the adoption of several countries for natural gas as a primary fuel for the transitional phase. towards a complete energy transformation.

This came during the general assembly of Rashid and Burullus companies to approve the business results for the fiscal year 2021/2022.

Al-Mulla added that Shell and Petronas, partners of the petroleum sector in the two companies’ areas of operation, expressed their full commitment to intensifying their activities during the coming period to achieve new discoveries and increase production from these areas, which are still rich in promising reserves.

For his part, Engineer Mohamed Samir, head of Rashid and Burullus companies, reviewed the production rates during the year, as gas production amounted to about 317 million cubic feet of gas per day, at a rate of 158% of the target, and condensate production reached 6300 barrels per day, at a rate of 129% of the target, noting that Despite the challenges, production rates have been naturally maintained through the implementation of an intensive program to manage reserves, in addition to implementing several programs to re-evaluate the remaining reservoirs in preparation for choosing the best ones and developing them in the future. He added that the company has achieved outstanding rates in the safety of operations, energy efficiency and raising the efficiency and capabilities of workers In the field of occupational safety and health and environmental preservation.

The work of the association was attended by geologist Ashraf Farag, First Undersecretary of the Ministry for Agreements and Exploration, Engineer Sherif Hassaballah, Undersecretary for Petroleum Affairs, accountant Hisham Nour El-Din, Head of the Central Administration of the Minister’s Office, Dr. Magdy Galal, Head of the Natural Gas Holding Company “EGAS” and his deputies for Production, Exploration and Control of Joint Companies, and Geologist Alaa El-Batal, President Executive Director of the Egyptian General Petroleum Corporation and his deputies for production, exploration, safety and industrial security, heads and representatives of Shell and Petronas companies in Egypt.

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