Common Contracts
1 similar Development and Exploration Agreements contracts
The Western Desert’s Active Agreements by Type Until June 2019Development and Exploration Agreements • February 18th, 2020
In FY 2018/19, crude oil production represented 54.23% of the Western Desert’s total petroleum production in comparison to 52.8% in FY 2017/18. Moreover, condensates production contributed 7.13% of the Western Desert’s total production, compared to 7.38% in FY 2018/19. The equivalent gas share in the region’s total production decreased from 40.05% in FY 2017/18 to 38.39% in FY 2018/19. It is worth noting that the decrease in equivalent gas’ shares between the two mentioned years is offset with the increase in crude oil and condensates shares between the two years, according to EGPC and EGAS data.
