Petroleum Africa
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Thursday, June 16, 2016
Shell and Apache have completed the initial tests required for shale gas production on Egypt’s Apollonia field. The field is located in Egypt’s Western Desert. If the final results from testing are positive, several other investment opportunities will open up in the Western Desert for shale gas exploration.
Shell and Apache have estimated that the gas reserves which can be extracted from the concession area are approximately 700 Bcf.
According to Egypt’s Ministry of Petroleum, the two companies have a plan to drill 30 wells in the Western Desert after the production and feasibility tests are successfully completed. Two horizontal wells have already been successfully at a cost of $3 million.
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