GPC Fields is a producing conventional oil field located in shallow water in Egypt and is operated by General Petroleum. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block HH Area (North Amer) Concession, Sudr Development Lease, Asl Development Lease, Matarma Development Lease, North Amer Extension Development Lease, and Esh El Mallaha Development Lease, with water depth of 157 feet. Buy the profile here.
Field participation details
The field is owned by Egyptian General Petroleum.
Production from GPC Fields
The GPC Fields conventional oil field recovered 66.14% of its total recoverable reserves, with peak production in 2000. The peak production was approximately 43.16 thousand bpd of crude oil and condensate and 26.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2071. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 163.51 Mmboe, comprised of 144.86 Mmbbl of crude oil & condensate and 111.88 bcf of natural gas reserves. GPC Fields conventional oil field reserves accounts 0.04% of total remaining reserves of producing conventional oil fields globally.
For more details on the GPC Fields 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.
