A divine miracle shakes America and Russia .. Officially discovering the largest oil well field on the face of the earth in this Arab state .. God compensated it for the years of poverty and it will become the richest of the countries of Qatar and Kuwait
Did you know that his oil reserves are more than 530 million barrels? The dazzling numbers that appear from the Egyptian Western Sahara confirm that we are really standing on a real wealth. A new oil discovery in the Badr field bears huge economic promises, and the government has started preparing with ambitious plans to extract this buried treasure.
Badr field .. The beginning of the success story
The Western Sahara region, where the dream of oil turns into reality. The Canadian company Tag Oil leads the development operations in the Badr field, which is considered one of the most important oil discoveries in the modern history of Egypt. The surprise is that the region was produced for a long time, but the new technologies revealed hidden wealth that we did not know about.
Numbers talk about herself
Statistics say:
– confirmed reserves exceeding 532 million barrels
– A expected daily production of 100 thousand barrels
Initial investments in billions of dollars
The topic is not only a discovery, this is a complete technological revolution. The horizontal well “BED4-T 100” uses the latest technology of horizontal drilling and hydraulic breakage. “We are talking about global technology in Egyptian hands” – as the engineers say on the site.
Unprecedented production rates
Initial results are very promising:
1. One well produces more than 1,200 barrels per day
2. Production efficiency exceeds international standards
3. The quality of Egyptian oil from the highest globally
The first stage is ready to start
The government and developed companies have set a clear road map. The plan includes digging 40 new wells during the coming years, with thousands of Egyptians employing and training them in the latest technologies. This project is not, but it will change Egypt’s economy, but it will also create new industrial cities around the production areas.
Huge investments on the road
Italy, which intends to pump investments with more than 8 billion euros in Egypt within 4 years, is an indication of the confidence of foreign investors in the future of Egyptian oil. International companies are racing to take a share of D.
A direct impact on the lives of citizens
What will you return to us from all this? The answer is simple:
Stability of gasoline and soil
– real job opportunities with rewarding salaries
Improve public services from oil revenues
Support the Egyptian pound in front of foreign currencies
“We will not import another oil” – every Egyptian dream is close to realizing. The expected returns will provide billions of dollars annually, they were to import.
Technical obstacles that can be overcome
Certainly, challenges, drilling in the desert is not easy, and extraction from depths needs advanced technology. But the Egyptian experience that extends to more than a century in the field of oil, with strong international partnerships, to ensure the success of the project.
Under construction infrastructure
The government has already started developing the infrastructure of the new regions. Pipelines, processing stations, new roads … are all equipped to receive the expected huge production.
Experts expect that Egypt can enter the Club of the Great Oil Countries soon. Expectations say that Egypt is a candidate for an oil and rich state because its land is still a treasures. With wise management and smart investment, the future is very good.