Apache may drill more wells in Egypt, exec says

06/20/2010 | Oil & Gas Journal

Apache expects to discover more hydrocarbons in Egypt, as its unit there has doubled production figures since 2005. The company seeks to drill 220 wells this year, but executive Tom Voytovich expects even more activity. Apache is generating 195,000 barrels of oil per day and 810 million cubic feet of gas per day, which comprises 27% of Egypt's daily production.

View Full Article in:

Oil & Gas Journal

Published in Brief: