Area A Concession is a producing conventional oil field located onshore Egypt and is operated by Kuwait Energy Egypt. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Area A Development Lease. Buy the profile here.
Field participation details
The field is owned by Egyptian General Petroleum.
Production from Area A Concession
The Area A Concession conventional oil field recovered 77.90% of its total recoverable reserves, with peak production in 2018. The peak production was approximately 7.71 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2040.
Remaining recoverable reserves
The field is expected to recover 10.20 Mmboe, comprised of 10.20 Mmbbl of crude oil & condensate.
For more details on the Area A Concession Conventional Oil Field, buy the profile here.