GPC Fields is a producing conventional oil field located in shallow water in Egypt and is operated by General Petroleum. The field is located in block HH Area (North Amer) Concession, Sudr Development Lease, Asl Development Lease, Matarma Development Lease, North Amer Extension Development Lease, and Esh El Mallaha Development Lease, with water depth of 157 feet.
Field participation details
The field is owned by Egyptian General Petroleum.
Production from GPC Fields
The GPC Fields conventional oil field recovered 68.19% of its total recoverable reserves, with peak production in 2000. The peak production was approximately 43.16 thousand bpd of crude oil and condensate and 26 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2038. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 126.56 Mmboe, comprised of 109.85 Mmbbl of crude oil & condensate and 100.23 bcf of natural gas reserves. GPC Fields conventional oil field reserves accounts 0.03% 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.