Meleiha Development Lease is a producing conventional oil field located onshore Egypt and is operated by Agiba Petroleum. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Merged Meleiha Development Lease. Buy the profile here.
An expansion project is associated with the Meleiha Development Lease, namely the Meleiha Phase 2 (Gas). This project is currently in the construction stage, expected to start in 2024.
Field participation details
The field is owned by Eni and Lukoil Oil.
Production from Meleiha Development Lease
The Meleiha Development Lease conventional oil field recovered 49.81% 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 2048. The field currently accounts for approximately 2% of the country’s daily output.
Contractors involved in the Meleiha Development Lease conventional oil field
Some of the key contractors involved in the Meleiha Development Lease project as follows.
Other Contractors: Schlumberger and Egyptian General Petroleum
For more details on the Meleiha Development Lease Conventional Oil Field, buy the profile here.