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November 23, 2021updated 28 Apr 2022 5:46am

Mahdia Conventional Oil Field, Tunisia

By Carmen

Mahdia is a conventional oil development located in shallow water in Tunisia and is operated by Circle Oil Tunisia. Discovered in 2012, Mahdia lies in block Mahdia, with water depth of around 787 feet.

The project is currently in feed stage and is expected to start commercial production in 2024. The development cost is expected to be $340 m. The Mahdia conventional oil development will involve the drilling of approximately four wells and includes FPSO and subsea trees.

Field participation details

The field is owned by Dunraven Resources.


Production from Mahdia

Production from the Mahdia conventional oil development project is expected to begin in 2024 and is forecast to peak in 2025, to approximately 15,000 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2052.


Remaining recoverable reserves

The field is expected to recover 50.14 Mmboe, comprised of 50.14 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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