Apollonia is a producing unconventional gas field located onshore Egypt and is operated by Tiba Petroleum. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block North East abu Gharadig Development Lease. Buy the profile here.
Field participation details
The field is owned by Apache, Capricorn Energy, Cheiron and China Petrochemical.
Production from Apollonia
The Apollonia unconventional gas field recovered 23.44% of its total recoverable reserves, with peak production in 2018. The peak production was approximately 57.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2071.
Remaining recoverable reserves
The field is expected to recover 59.99 Mmboe, comprised of 359.96 bcf of natural gas reserves. Apollonia unconventional gas field reserves accounts 0.05% of total remaining reserves of producing unconventional gas fields globally.
For more details on the Apollonia Unconventional Gas Field, buy the profile here.