Oil Exploration News - Latest Updates & Headlines

Dragon Oil achieves success in exploration drilling at East Crystal Well in Gulf of Suez

Cairo, February 1: Dragon Oil has announced a significant achievement in its exploration drilling operations with the successful completion of initial drilling at the "East Crystal" well in the Gulf of Suez, in collaboration with GUPCO. Initial tests have shown a production rate exceeding 2,000 barrels per day (bpd), highlighting promising potential for increased output in the region.