NEA/NI Development is a conventional gas development located in shallow water in Egypt and is operated by Petro Amriya. Discovered in 1999, NEA/NI Development lies in block North El Amriya Development Lease, with water depth of around 804 feet.

The project is currently in construction stage and is expected to start commercial production in 2022. Final investment decision (FID) of the project was approved in 2021. The NEA/NI Development conventional gas development will involve the drilling of approximately four wells and includes subsea tree.

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Field participation details

The field is owned by Energean.


Production from NEA/NI Development

Production from the NEA/NI Development conventional gas development project is expected to begin in 2022 and is forecast to peak in 2022, to approximately 1,080 bpd of crude oil and condensate and 48 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2039.


Remaining recoverable reserves

The field is expected to recover 20.18 Mmboe, comprised of 2.69 Mmbbl of crude oil & condensate and 104.95 bcf of natural gas reserves.

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Contractors involved in the NEA/NI Development conventional gas field

The key contractors involved in the NEA/NI Development project as follows.

Main EPC: TechnipFMC

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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.