{"id":638927,"date":"2017-10-17T03:55:09","date_gmt":"2017-10-17T03:55:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/transglobe-says-its-production-drops-q-o-q-over-delays-in-egypt\/"},"modified":"2017-10-17T03:55:09","modified_gmt":"2017-10-17T03:55:09","slug":"transglobe-says-its-production-drops-q-o-q-over-delays-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/transglobe-says-its-production-drops-q-o-q-over-delays-in-egypt\/","title":{"rendered":"TransGlobe says its production drops q-o-q over delays in Egypt"},"content":{"rendered":"

TransGlobe Energy said production in 3Q2017 dropped q-o-q and was impacted by delays in well servicing in Egypt during August and September, in its 3Q2017 Operations Update<\/a>. It had released the workover\/completion rig supporting the Eastern Desert operations in early August due to escalating safety and performance issues but that a second workover rig was contracted in early October to accelerate removal of the backlog of well workovers. The company says it sold approximately 793,000 bbl of entitlement crude oil in Egypt during the quarter through one tanker lifting (September) and direct sales to EGPC for net proceeds of USD 34.5 mn (inclusive of realized hedging loss). TransGlobe also says it began testing at its South Alamein concession.<\/p>\n","protected":false},"excerpt":{"rendered":"

TransGlobe Energy said production in 3Q2017 dropped q-o-q and was impacted by delays in well servicing in Egypt during August and September, in its 3Q2017 Operations Update. It had released the workover\/completion rig supporting the Eastern Desert operations in early August due to escalating safety and performance issues but that a second workover rig was […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-638927","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"8a7bbb23-149b-4f35-a668-104460b6e407","order":"0","is_powered_by":true,"section_story_id":"2e9d4760-7d5d-4d13-90ea-d1d9ca38cad8","story_type":"1","photo_url":"","photo_position":"above","related_issue":[638897],"teaser":"","voice_url":""},"yoast_head":"\nTransGlobe says its production drops q-o-q over delays in Egypt - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/transglobe-says-its-production-drops-q-o-q-over-delays-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TransGlobe says its production drops q-o-q over delays in Egypt\" \/>\n<meta property=\"og:description\" content=\"TransGlobe Energy said production in 3Q2017 dropped q-o-q and was impacted by delays in well servicing in Egypt during August and September, in its 3Q2017 Operations Update. It had released the workover\/completion rig supporting the Eastern Desert operations in early August due to escalating safety and performance issues but that a second workover rig was […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/transglobe-says-its-production-drops-q-o-q-over-delays-in-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-17T03:55:09+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/transglobe-says-its-production-drops-q-o-q-over-delays-in-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/transglobe-says-its-production-drops-q-o-q-over-delays-in-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"TransGlobe says its production drops q-o-q over delays in Egypt\",\"datePublished\":\"2017-10-17T03:55:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/transglobe-says-its-production-drops-q-o-q-over-delays-in-egypt\/\"},\"wordCount\":127,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/transglobe-says-its-production-drops-q-o-q-over-delays-in-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/transglobe-says-its-production-drops-q-o-q-over-delays-in-egypt\/\",\"name\":\"TransGlobe says its production drops q-o-q over delays in Egypt - 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TransGlobe recorded a net loss of USD 6.9 mn during the quarter and attributes it to a USD 10.3 mn impairment loss\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":641348,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/transglobe-well-positioned-for-growth-in-egypt-ceo-says\/","url_meta":{"origin":638927,"position":1},"title":"TransGlobe well-positioned for growth in Egypt, CEO says","author":"enterpriseam admin","date":"19 September 2017","format":false,"excerpt":"TransGlobe will be developing new oil fields in Egypt\u2019s Eastern Desert along with a field in the Western Desert, TransGlobe Energy CEO Ross Clarkson tells Proactive Investors Stocktube (runtime: 5:15). The company has five production sharing contracts in Egypt producing 13,300 bpd of oil, Clarkson says. He says issues regarding\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2017\/9\/1313.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542887,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/23\/more-oil-investment-from-transglobe-pharos\/","url_meta":{"origin":638927,"position":2},"title":"More oil investment from Transglobe + Pharos","author":"enterpriseam admin","date":"23 January 2022","format":false,"excerpt":"Transglobe, Pharos Energy sign USD 506 mn oil E&P agreements: The Oil Ministry signed oil exploration and production agreements with Canada\u2019s Transglobe and London-based Pharos Energy that will see them spend a combined minimum of USD 506 mn, in addition to a USD 67 mn signing bonus, according to a\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/271.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":623283,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/25\/transglobe-begins-drilling-new-well-at-western-desert-concession\/","url_meta":{"origin":638927,"position":3},"title":"TransGlobe begins drilling new well at Western Desert concession","author":"enterpriseam admin","date":"25 October 2018","format":false,"excerpt":"TransGlobe Energy announced yesterday that it began drilling for oil at its SGZ 6X exploration well in the South Ghazalat concession in the Western Desert. 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TransGlobe announced it lifted and sold 510k bbl of crude in Egypt in\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/638927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=638927"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/638927\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/638897"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=638927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=638927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=638927"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=638927"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=638927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}