El-Fayum Development Lease is a producing conventional oil field located onshore Egypt and is operated by IPR Lake 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 El Fayum Concession. Buy the profile here.
An expansion project is associated with the El-Fayum Development Lease, namely the Silah Water Flood Programme Phase 1B. This project is currently in the feasibility stage.
Field participation details
The field is owned by IPR Energy and Pharos Energy.
Production from El-Fayum Development Lease
The El-Fayum Development Lease conventional oil field recovered 76.04% of its total recoverable reserves, with peak production in 2017. Based on economic assumptions, production will continue until the field reaches its economic limit in 2040.
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For more details on the El-Fayum Development Lease Conventional Oil Field, buy the profile here.
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