Mahdia is a conventional oil development located in shallow water in Tunisia and is operated by Circle Oil Tunisia. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Mahdia was discovered in 2012, lies in block Mahdia, with water depth of around 787 feet. Buy the profile here.
The project is currently in feasibility stage and is expected to start commercial production in 2024. The development cost is expected to be $768 m. The Mahdia conventional oil development will involve the drilling of approximately four wells and includes FPSO and subsea trees.
Field participation details
The field is owned by Dunraven Resources.
Production from Mahdia
Production from the Mahdia conventional oil development project is expected to begin in 2024 and is forecast to peak in 2025, to approximately 15,000 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2035.
Remaining recoverable reserves
The field is expected to recover 36.78 Mmboe, comprised of 36.78 Mmbbl of crude oil & condensate.
For more details on the Mahdia Conventional Oil Field, buy the profile here.