Alam El-Shawish West Development Lease is a producing conventional oil field located onshore Egypt and is operated by AESW Petroleum. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Alam el-Shawish West Concession. Buy the profile here.
An expansion project is associated with the Alam El-Shawish West Development Lease, namely the Alam El-Shawish West Development Lease Expansion. This project is currently in the feasibility stage.
Field participation details
The field is owned by Capricorn Energy, Cheiron, China ZhenHua Oil and Neptune Energy Group.
Production from Alam El-Shawish West Development Lease
The Alam El-Shawish West Development Lease conventional oil field recovered 85.89% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 27.96 thousand bpd of crude oil and condensate and 83.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2029. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 24.33 Mmboe, comprised of 6.03 Mmbbl of crude oil & condensate and 109.82 bcf of natural gas reserves. Alam El-Shawish West Development Lease conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
For more details on the Alam El-Shawish West Development Lease Conventional Oil Field, buy the profile here.