In light of the directives of the Ministry of Petroleum and Mineral Resources to take advantage of all available opportunities to increase production, Hamra Oil Company has managed to increase production rates during the fiscal year 2023/2024 despite the natural decline in the productivity of the company’s aging fields. Hamra Oil Company has achieved results exceeding expectations, reaching the highest daily production rate in its history, with a production of 7,900 barrels per day on June 8, 2024, and an annual total of 1.69 million barrels, achieving 103% of the planned target. This success is attributed to: Drilling an exploratory well and another developmental well. Completing six new wells. Using six submersible pumps for the first time. Intensifying well maintenance activities, contributing to improved well productivity and increased production. Hamra Oil plans to achieve higher production rates by setting an ambitious plan to drill 11 wells (exploratory and developmental) during the next fiscal year. Developments also include a replacement and renewal plan for production equipment and field infrastructure at a total cost of $3.5 million. Additionally, the company has acquired two fire trucks to enhance safety and occupational health preparedness. Among this year’s achievements are effective projects like water injection technology in wells, which improves the productivity of some reservoirs and increases the crude oil recovery rate by up to 25%, equivalent to approximately 2 million barrels. The company’s management is also executing projects in various sectors to enhance the production process and increase output, such as establishing pipelines to transport crude oil from different fields to the production station, developing the oil treatment area, and planning to drill water injection wells and recomplete some wells. All these efforts aim to increase production and enhance Hamra Oil's position in the petroleum sector, working towards the future vision 2030 for community engagement and implementation under the sponsorship of the Ministry of Petroleum and Mineral Resources.