El-Bunduq is a producing conventional oil field located in shallow water in the UAE and is operated by Bunduq. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block UPD Concession (El Bunduq), with water depth of 75 feet. Buy the profile here.
Field participation details
The field is owned by Cosmo Energy Exploration & Production and JX Nippon Oil & Gas Exploration.
Production from El-Bunduq
The El-Bunduq conventional oil field recovered 97.41% of its total recoverable reserves, with peak production in 1970. The peak production was approximately 273.80 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026.
Remaining recoverable reserves
The field is expected to recover 22.93 Mmboe, comprised of 22.93 Mmbbl of crude oil & condensate.
For more details on the El-Bunduq 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.
