Baltim Development Lease is a producing conventional gas field located in shallow water in Egypt and is operated by Petrobel. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Baltim Concession, Baltim Northeast Development Lease, Baltim South Development Lease, Baltim North Development Lease, and Baltim East Development Lease, with water depth of 82 feet. Buy the profile here.
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Field participation details
The field is owned by BP and Eni.
Production from Baltim Development Lease
The Baltim Development Lease conventional gas field recovered 40.87% of its total recoverable reserves, with peak production in 2023. Based on economic assumptions, production will continue until the field reaches its economic limit in 2067. The field currently accounts for approximately 6% of the country’s daily output.
For more details on the Baltim Development Lease Conventional Gas Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
