NEA/NI Development is a producing conventional gas field located in shallow water in Egypt and is operated by Petro Amriya. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block North El Amriya Development Lease and North Idku Development Lease, with water depth of 1,476 feet. Buy the profile here.

Field participation details

The field is owned by Energean.

Production from NEA/NI Development

The NEA/NI Development conventional gas field with peak production expected in 2024. The peak production will approximately 2.10 thousand bpd of crude oil and condensate and 92.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2045.

Remaining recoverable reserves

The field is expected to recover 49.10 Mmboe, comprised of 6.03 Mmbbl of crude oil & condensate and 258.40 bcf of natural gas reserves. NEA/NI Development conventional gas field reserves accounts 0.02% of total remaining reserves of producing conventional gas fields globally.

For more details on the NEA/NI Development Conventional Gas Field, buy the profile here.

GlobalData

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.