Burg El-Arab Development Lease is a producing conventional oil field located onshore Egypt and is operated by Burg Al Arab Petroleum. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Burg El Arab Development Lease. Buy the profile here.
Field participation details
The field is owned by United Energy Group.
Production from Burg El-Arab Development Lease
The Burg El-Arab Development Lease conventional oil field recovered 32.94% of its total recoverable reserves, with peak production in 2012. The peak production was approximately 1.53 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2096.
Remaining recoverable reserves
The field is expected to recover 13.01 Mmboe, comprised of 13.01 Mmbbl of crude oil & condensate.
For more details on the Burg El-Arab Development Lease Conventional Oil Field, buy the profile here.