Barrels
The move can be achieved by digging five exploratory and developmental wells and completing six wells at a total cost of 28 million dollars, added Masoud during the General Assembly meeting of Western Desert Operating Petroleum Company (Wepco) to approve the budget of Wepco-run BAPETCO for the Fiscal Year 2022/2023, added the statement.
The move can be achieved by digging five exploratory and developmental wells and completing six wells at a total cost of 28 million dollars, added Masoud during the General Assembly meeting of Western Desert Operating Petroleum Company (Wepco) to approve the budget of Wepco-run BAPETCO for the Fiscal Year 2022/2023, added the statement.
Oil prices eased on Tuesday as traders took profits following days of gains.
OPEC said the market could find support in winter from low distillate fuel stocks and forecasts of colder weather.
About 25 percent of U.S. Gulf of Mexico oil production is offline due to Tropical Storm Harvey.
