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Egypt: United Oil and Gas provides quarterly production update


11 Oct 2021

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United Oil & Gas, the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets, has announced a quarterly production update for the third quarter (Q3) of 2021.

  • Q3 2021 production averaged 2,022 boepd (1,616 bopd oil and 405 boepd gas) net to United.
  • Production from 1 Jan - 30 Sept 2021 (end of Q3) averaged 2,491 boepd (2,023 bopd and 468 boepd gas) net to United.
  • 2021 full year production on target to be in line with guidance, 2,100-2,300 boepd, net to United.

All of United's production for the period was from United's 22% non-operating interest in the Abu Sennan Licence, Egypt, which is operated by Kuwait Energy Egypt.

This data will vary quarter on quarter as development, appraisal and exploration operations continue.

Original article link

Source: United Oil & Gas





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