East Bahariya Development Lease is a producing conventional oil field located onshore Egypt and is operated by Qarun Petroleum. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block East Bahariya Development Lease. Buy the profile here.
Field participation details
The field is owned by Apache and China Petrochemical.
Production from East Bahariya Development Lease
The East Bahariya Development Lease conventional oil field recovered 67.21% of its total recoverable reserves, with peak production in 2012. The peak production was approximately 44.55 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2065. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 106.36 Mmboe, comprised of 106.36 Mmbbl of crude oil & condensate. East Bahariya Development Lease conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.
For more details on the East Bahariya 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.
