Agiba Develops Iris Field in Record Time Producing 8,500 boe/d
Egypt Oil & Gas
MARCH 8, 2025
The discovery made in the Masajid Formation, a Late Cretaceous carbonate reservoir, marks a significant milestone in Agibas near-field exploration strategy. Agiba Petroleum, together with its shareholders, has successfully completed the fast-track development of the Iris Field, a major hydrocarbon asset in the Egyptian Western Desert.
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