Gemsa is a producing conventional oil field located in shallow water in Egypt and is operated by Cheiron. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field has water depth of 66 feet. Buy the profile here.

Field participation details

The field is owned by Cheiron.

Production from Gemsa

The Gemsa conventional oil field recovered 94.14% of its total recoverable reserves, with peak production in 2006. The peak production was approximately 4.83 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2041.

Remaining recoverable reserves

The field is expected to recover 1.81 Mmboe, comprised of 1.81 Mmbbl of crude oil & condensate.

About Cheiron

Cherion (Cherion), a joint operating company of PICO Cheiron Group is a private exploration and production company. The company offers field exploration services, field development planning and operations. It optimizes production at small and medium-sized mature oil and gas fields. PIP obtains onshore and offshore concessions in Egypt. The company holds concessions on behalf of international oil companies (IOCs) and national oil companies (NOCs). It operates projects together with its affiliates in Libya, Syria and Sudan in the Middle East and North Africa regions. PIP is headquartered in Cairo, Egypt.

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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.