Gemsa is a producing conventional oil field located in shallow water in Egypt and is operated by Cheiron Petroleum. 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 Petroleum.
Production from Gemsa
The Gemsa conventional oil field recovered 94.85% of its total recoverable reserves, with peak production in 2006. Based on economic assumptions, production will continue until the field reaches its economic limit in 2041.
About Cheiron Petroleum
Cheiron Petroleum Corp (Cherion) is an 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. Cherion obtains onshore and offshore concessions in Egypt. The company holds concessions on 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.
For more details on the Gemsa Conventional Oil Field, buy the profile here.