Badr El-Din Development Lease is a producing conventional oil field located onshore Egypt and is operated by Badr Petroleum . The field is located in block Badr El Din Development Lease.
Two expansion projects are associated with the Badr El-Din Development Lease conventional oil field, namely Badr El-Din 17 Expansion and Badr El-Din 2 Expansion. The expansion projects are currently in the feasibility stage.
Field participation details
The field is owned by Cheiron and Capricorn Energy.
Production from Badr El-Din Development Lease
The Badr El-Din Development Lease conventional oil field recovered 83.85% of its total recoverable reserves, with peak production in 2000. The peak production was approximately 17.63 thousand bpd of crude oil and condensate and 249 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2041. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 70.16 Mmboe, comprised of 50.33 Mmbbl of crude oil & condensate and 119.02 bcf of natural gas reserves. Badr El-Din Development Lease conventional oil field reserves accounts 0.02% 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.