Egypt’s PetroGulf reports drilling breakthrough at GNN-16 oil well

Egypt’s Ministry of Petroleum said on Monday that PetroGulf Misr has achieved a significant improvement in oil well drilling efficiency, cutting costs by about $700,000 at the GNN-16 well in the Gulf of Suez.

The well was designed and drilled using an updated drilling model developed in coordination with the Egyptian General Petroleum Corporation (EGPC). The project is expected to lift PetroGulf’s production to more than 30,000 barrels per day, the ministry said.

Engineers redesigned the conventional well structure into a more flexible system by merging two drilling stages into a single phase and eliminating the need for casing installation. The changes reduced drilling time by 5.5 days and lowered overall costs, while improving operational efficiency through the use of modern technologies.

The ministry said the success of the GNN-16 well highlights the capability of Egyptian engineers to deliver innovative technical solutions and supports its strategy to optimise resources and meet targets under the five-year plan to increase petroleum production.

Attribution: Amwal Al Ghad English