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November 25, 2021updated 26 Nov 2021 5:53am

Geisum and Tawila West Development Lease Conventional Oil Field, Egypt

By Carmen

Geisum and Tawila West Development Lease is a producing conventional oil field located in shallow water in Egypt and is operated by Petrogulf Misr. The field is located in block Geisum & Tawilla West Development Lease, with water depth of 200 feet.

Field participation details

The field is owned by Kuwait Petroleum and PICO Group.


Production from Geisum and Tawila West Development Lease

The Geisum and Tawila West Development Lease conventional oil field recovered 87.32% of its total recoverable reserves, with peak production in 1996. The peak production was approximately 22.59 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2040.


Remaining recoverable reserves

The field is expected to recover 19.78 Mmboe, comprised of 19.78 Mmbbl of crude oil & condensate.


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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