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2017/2018 Budget due to be approved on 6/8/2017:

GPC production plan of crude oil, gas and condensate is estimated at 59.3 MBBL equivalent/day, distributed as follows:

  • 53 MBBL/day Crude oil
  • 29.5 MMSCF/day Gas
  • 360 BBL /day Condensate

2017/2018 planned investments are valued at L.E. 1.885 Billion, distributed as follows:

  • Replacement and innovation projects L.E. 99.3 MM
  • Production and exploration drilling projects L.E. 1.757 Billion
  • Safety and environment protection L.E. 29 MM

The plan of this year includes drilling of 18 exploration, Contingent and development wells.