Mtsare Khevi is a producing conventional gas field located onshore Georgia and is operated by Frontera Resources. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block XII. Buy the profile here.
Field participation details
The field is owned by Frontera Resources.
Production from Mtsare Khevi
The Mtsare Khevi conventional gas field recovered 60.35% of its total recoverable reserves, with peak production in 2014. The peak production was approximately 0.08 thousand bpd of crude oil and condensate and 1.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2037. The field currently accounts for approximately 10% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 0.48 Mmboe, comprised of 0.19 Mmbbl of crude oil & condensate and 1.72 bcf of natural gas reserves.
About Frontera Resources
Frontera Resources Corp (Frontera) is an oil and gas company that offers exploration and production of oil and natural gas properties. The company processes, gathers, stores, transports and markets its crude oil. Frontera Block 12 operational units comprise of inventory development unit, basin edge play unit, shale gas play unit, shallow fields production unit, and taribani field unit. The company specializes in acquisition, processing and interpretation of 2D and 3D seismic data; reprocessing of historic seismic and well log data. Frontera markets in Eastern Europe around the Black Sea. The company has its presence in Georgia and Texas. Frontera is headquartered in Houston, Texas, the US.
For more details on the Mtsare Khevi Conventional Gas Field, buy the profile here.