The project is currently in commissioning stage and is expected to start commercial production in 2022. The Erawan conventional oil development will involve the drilling of approximately 41 wells.
Field participation details
The field is owned by National Oil Corporation of Libya.
Production from Erawan
Production from the Erawan conventional oil development project is expected to begin in 2022 and is forecast to peak in 2032, to approximately 4,000 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2060.
Remaining recoverable reserves
The field is expected to recover 22.79 Mmboe, comprised of 22.79 Mmbbl of crude oil & condensate.
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.