Belayim Development Lease is a producing conventional oil field located in shallow water in Egypt and is operated by Petrobel. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Belayim Development Lease, with water depth of 132 feet. Buy the profile here.
Field participation details
The field is owned by Eni.
Production from Belayim Development Lease
The Belayim Development Lease conventional oil field recovered 92.55% of its total recoverable reserves, with peak production in 1993. The peak production was approximately 235.00 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2042. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 217.35 Mmboe, comprised of 217.35 Mmbbl of crude oil & condensate. Belayim Development Lease conventional oil field reserves accounts 0.05% of total remaining reserves of producing conventional oil fields globally.
For more details on the Belayim Development Lease Conventional Oil 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.
