North Bahariya Development Lease is a producing conventional oil field located onshore Egypt and is operated by North Bahariya Petroleum. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block North Bahariya Development Lease. Buy the profile here.
Field participation details
The field is owned by Improved Petroleum Recovery Group of Companies, MOL Hungarian Oil and Gas and PICO Group.
Production from North Bahariya Development Lease
The North Bahariya Development Lease conventional oil field recovered 79.92% of its total recoverable reserves, with peak production in 2014. The peak production was approximately 10.00 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2035.
Remaining recoverable reserves
The field is expected to recover 9.62 Mmboe, comprised of 9.62 Mmbbl of crude oil & condensate.
For more details on the North Bahariya Development Lease Conventional Oil Field, buy the profile here.