Egyptian upstream gas firm Badr El-Din Petroleum Company (BAPETCo) has increased its oil production levels to 137,000 barrels per day, according to its chairman Emad Hamdy.
BAPETCo is a joint venture between the Egyptian government and international oil company Shell. The increased production levels include 50,000 barrels per day of condensate.
The company also confirmed that it is increasing its total natural gas production to an estimated 490 million cubic feet, as the company looks to ramp up production at its major field.
Last month, Shell announced that it would be drilling a further 33 production wells to increase its hydrocarbon production levels. This will be comprised of 19 gas production wells, 10 water injection wells and 4 wells to explore for gas.
The majority of BAPETCo's wells are located in the Western Desert concession area, where Badr 3 is its main producing oil field.