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December 3, 2021

Atoll Conventional Gas Field, Egypt

By Carmen

Atoll is a producing conventional gas field located in deepwater in Egypt and is operated by Pharaonic Petroleum. The field is located in block North Damietta Development Lease, with water depth of 3,050 feet.

Field participation details

The field is owned by BP.


Production from Atoll

The Atoll conventional gas field recovered 20.95% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 11.43 thousand bpd of crude oil and condensate and 400 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2051. The field currently accounts for approximately 5% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 273.44 Mmboe, comprised of 24.61 Mmbbl of crude oil & condensate and 1,492.94 bcf of natural gas reserves. Atoll conventional gas field reserves accounts 0.09% of total remaining reserves of producing conventional gas 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.

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