3rd draft-Apache Egypt Newsletter
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
KPC 2016 Highlights<br />
<strong>Apache</strong>’s other joint venture, Khalda Petroleum Company (KPC), has also had a great year. KPC<br />
2016 undertakings varied from high-rate wells from all basins to high-rate wells from all major<br />
reservoirs. Also KPC focused on early field development, step-out opportunities, infill locations,<br />
and waterflood optimization. This focus has led to a continued development at Ptah, WKAL-A,<br />
Herunefer, and Razzak. An additional 12 wells at Salam will result in an expansion of the<br />
waterflood. KPC successfully drilled and completed two Apollonia horizontal wells and is proud to<br />
advise that <strong>Apache</strong> and Khalda are the first companies to introduce the frac horizontal technology<br />
to <strong>Egypt</strong>. This technology will increase production of unconventional gas and decrease uncertainty<br />
for drilling. KPC’s success established a positive reputation at the Ministry of Petroleum. It also<br />
advanced EGPC’s confidence in <strong>Apache</strong> and KPC.<br />
2016 success in a nutshell