Amal Development Lease is a producing conventional gas field located in shallow water in Egypt and is operated by Al Amal Petroleum. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Amal Development Lease, with water depth of 200 feet. Buy the profile here.
Field participation details
The field is owned by PICO Group.
Production from Amal Development Lease
The Amal Development Lease conventional gas field recovered 82.86% of its total recoverable reserves, with peak production in 2013. The peak production was approximately 4.40 thousand bpd of crude oil and condensate and 78.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2037.
Remaining recoverable reserves
The field is expected to recover 18.18 Mmboe, comprised of 6.93 Mmbbl of crude oil & condensate and 67.51 bcf of natural gas reserves. Amal Development Lease conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.
For more details on the Amal 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.
