Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
November 26, 2021

Alam El-Shawish West Development Lease Conventional Oil Field, Egypt

By Carmen

Alam El-Shawish West Development Lease is a producing conventional oil field located onshore Egypt and is operated by AESW Petroleum. The field is located in block Alam el-Shawish West Concession.

Field participation details

The field is owned by China ZhenHua Oil, Neptune Energy Group, Cheiron and Cairn Energy.


Production from Alam El-Shawish West Development Lease

The Alam El-Shawish West Development Lease conventional oil field recovered 70.62% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 27.96 thousand bpd of crude oil and condensate and 83 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026. The field currently accounts for approximately 2% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 53.33 Mmboe, comprised of 5.3 Mmbbl of crude oil & condensate and 288.19 bcf of natural gas reserves. Alam El-Shawish West Development Lease conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.


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.

Content from our partners
Green investment: What gives Scotland multiple advantages
How the North of Tyne region is leveraging its legacy to define its future
Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU