TAG Oil commenced drilling operations at Western Desert horizontal well in Egypt

February 27, 2024/in /by Rudolf Huber

Egypt is a very substantial oil and gas producer. The reason why it is no net exporter is because it needs a lot of the stuff itself. The massive population needs to be fed and needs products and services. So Egypt will have ever-growing needs for quite a long time and as imports are not only expensive and fraught with uncertainty, they need to look for more of what they produce already. There are no two ways about this. Any country that wants its population to live in relative comfort will need a lot of conventional energy. We will learn this lesson when energy systems break down for real in Europe and North America. What we have seen so far is nothing but a stale precursor event, some sort of warning. When power becomes unobtanium it gets crispy.

TAG Oil has now commenced drilling the T100 horizontal pay zone section, which is expected to take up to approximately three weeks to complete the drilling of the planned 1,000-meter horizontal section and run the…

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