Arta 92 Development Drilling Commences
PetroBakr has commenced development drilling operations at the Arta 92 well, targeting a depth of 4,000 feet with an expected production rate of 350 barrels of oil per day.
Read MoreOperating the Bakr Oil and Gas Field with world-class technology, local expertise, and an unwavering commitment to sustainable energy production since 1958.
Strategic onshore assets delivering reliable energy production across Egypt's Western Desert and Eastern regions.
Bakr Field & Arta 92 Well Location
Onshore | 135M BOE | Operating since 1958
Depth: 4,000 ft | Target: 350 bopd | Active Drilling
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PetroBakr has commenced development drilling operations at the Arta 92 well, targeting a depth of 4,000 feet with an expected production rate of 350 barrels of oil per day.
Read MoreEgyptian Minister of Petroleum Karim Badawi visited the Arta 92 drilling site to review progress and engage with the PetroBakr drilling team on operational milestones.
Read MorePetroBakr and South Ghazalat Petroleum Company announce a combined investment of $121 million aimed at achieving a daily crude oil output of 14,000 barrels.
Read MorePetroBakr represents a powerful collaboration between Egypt's state-owned energy leadership and international operational excellence.
Egyptian General Petroleum Corporation
State Partner & Crude Purchaser
NYSE: EGY
Houston-Based Independent Operator
Under the concession agreement, EGPC handles Egyptian income tax liability and purchases 100% of crude oil sales from PetroBakr production.
Combining local regulatory expertise with international technical capabilities to maximize recovery from Egypt's proven onshore reserves.
Learn MoreBalancing energy production with environmental stewardship and community development across our operational areas.