Badr El-Din Development Lease is a producing conventional oil field located onshore Egypt and is operated by Badr Petroleum. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Badr El Din Development Lease. Buy the profile here.
Four expansion projects are associated with the Badr El-Din Development Lease conventional oil field, namely the Badr El-Din 17 Expansion, the Badr El-Din 2 Expansion, the Badr El-Din 3 Expansion and the Badr El-Din 1-7 Expansion. The expansion projects are currently in the feasibility stage.
Field participation details
The field is owned by Capricorn Energy and Cheiron.
Production from Badr El-Din Development Lease
The Badr El-Din Development Lease conventional oil field recovered 71.87% of its total recoverable reserves, with peak production in 2000. The peak production was approximately 17.63 thousand bpd of crude oil and condensate and 249.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2048. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 148.10 Mmboe, comprised of 102.42 Mmbbl of crude oil & condensate and 274.08 bcf of natural gas reserves. Badr El-Din Development Lease conventional oil field reserves accounts 0.03% of total remaining reserves of producing conventional oil fields globally.
Contractors involved in the Badr El-Din Development Lease conventional oil field
The key contractors involved in the Badr El-Din Development Lease project as follows.
Other Contractors: Consukorra
For more details on the Badr El-Din Development Lease Conventional Oil Field, buy the profile here.