Abu Qir Development Lease is a producing conventional gas field located in shallow water in Egypt and is operated by Abu Qir Petroleum. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Abu Qir Development Lease, with water depth of 116 feet. Buy the profile here.
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An expansion project is associated with the Abu Qir Development Lease, namely the Abu Qir Development . This project is currently in the commissioning stage.
Field participation details
The field is owned by Energean.
Production from Abu Qir Development Lease
The Abu Qir Development Lease conventional gas field recovered 86.46% of its total recoverable reserves, with peak production in 2017. Based on economic assumptions, production will continue until the field reaches its economic limit in 2033. The field currently accounts for approximately 1% of the country’s daily output.
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About Abu Qir Petroleum
Abu Qir Petroleum Co is engaged in the manufacture of refined petroleum products.The company offers a wide range of products such as gasoline, kerosene, distillate fuel oils.The company is headquartered in Egypt.
For more details on the Abu Qir Development Lease Conventional Gas Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
