Egypt Launches Intensive Program to Drill 75 Oil Wells in Eastern Desert
Egypt’s Ministry of Petroleum announced the launch of an intensive drilling campaign in the Gulf of Gharib fields, located in the Eastern Desert, as part of its strategy to boost domestic oil production and reduce reliance on imports.
The ministry stated that GPC aims to drill 75 new oil wells over the next 12 months, with the goal of adding 7,500 barrels per day (bpd) to current output and raising total production from the Gharib fields to 9,000 bpd.
Mohamed Abdel Meguid, Chairman of GPC, noted in a report to the Ministry of Petroleum and the Egyptian General Petroleum Corporation that the new rigs offer faster drilling speeds, high operational efficiency, and greater mobility between sites. This, he said, would enable the company to implement its drilling plans at lower costs and higher efficiency.
The drilling campaign aligns with the ministry’s broader strategy to maximize the value of national resources, support state-owned companies, and enhance energy security through increased local production.