October is a producing conventional oil field located in shallow water in Egypt and is operated by Gulf Of Suez 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 Concession and Gupco Merged Develpoment Lease, with water depth of 85 feet. Buy the profile here.
Field participation details
The field is owned by Emirates National Oil.
Production from October
The October conventional oil field recovered 98.90% of its total recoverable reserves, with peak production in 1994. The peak production was approximately 155.98 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2037.
Remaining recoverable reserves
The field is expected to recover 12.72 Mmboe, comprised of 12.72 Mmbbl of crude oil & condensate.
About Gulf Of Suez Petroleum
Gulf Of Suez Petroleum Co is an oil and gas exploration company that offers finding and developing liquids rich natural gas resources.The company is headquartered in Egypt.
For more details on the October Conventional Oil Field, buy the profile here.