Abu El-Gharadig Complex is a producing conventional oil field located onshore Egypt and is operated by Khalda Petroleum.
Field participation details
The field is owned by Apache and China Petrochemical.
Production from Abu El-Gharadig Complex
The Abu El-Gharadig Complex conventional oil field recovered 44.44% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 30.46 thousand bpd of crude oil and condensate and 129 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2057. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 181.84 Mmboe, comprised of 95.82 Mmbbl of crude oil & condensate and 516.16 bcf of natural gas reserves. Abu El-Gharadig Complex conventional oil field reserves accounts 0.04% of total remaining reserves of producing conventional oil fields globally.
About Khalda Petroleum
Khalda Petroleum Co is engaged in the exploration, development, production and distribution of crude petroleum and natural gasThe company is headquartered in Egypt.
Methodology
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.