Geisum and Tawila West Development Lease is a producing conventional oil field located in shallow water in Egypt and is operated by PetroAmir. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Geisum & Tawilla West Development Lease, with water depth of 200 feet. Buy the profile here.
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An expansion project is associated with the Geisum and Tawila West Development Lease, namely the Geisum and Tawila West Further Development. This project is currently in the feasibility stage.
Field participation details
The field is owned by Kuwait Petroleum and PICO Group.
Production from Geisum and Tawila West Development Lease
The Geisum and Tawila West Development Lease conventional oil field recovered 47.23% of its total recoverable reserves, with peak production expected in 2025. Based on economic assumptions, production will continue until the field reaches its economic limit in 2076. The field currently accounts for approximately 1% of the country’s daily output.
For more details on the Geisum and Tawila West Development Lease Conventional Oil Field, buy the profile here.
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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.
