East Ras Qattara Development Lease is a producing conventional oil field located onshore Egypt and is operated by Petroshahd 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 Ras Qattara Concession and East Ras Qattara Development Lease. Buy the profile here.
Field participation details
The field is owned by Empresa Nacional del Petroleo and United Energy Group.
Production from East Ras Qattara Development Lease
The East Ras Qattara Development Lease conventional oil field recovered 57.35% of its total recoverable reserves, with peak production in 2015. Based on economic assumptions, production will continue until the field reaches its economic limit in 2053. The field currently accounts for approximately 1% of the country’s daily output.
For more details on the East Ras Qattara Development Lease Conventional Oil Field, buy the profile here.