Offshore North Sinai Development Lease is a producing conventional gas field located in shallow water in Egypt and is operated by North Sinai Petroleum. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Offshore North Sinai Concession and Offshore North Sinai Development Lease, with water depth of 280 feet. Buy the profile here.
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An expansion project is associated with the Offshore North Sinai Development Lease, namely the North Sinai Phase 4. This project is currently in the feasibility stage.
Field participation details
The field is owned by MOG Energy.
Production from Offshore North Sinai Development Lease
The Offshore North Sinai Development Lease conventional gas field recovered 69.80% of its total recoverable reserves, with peak production in 2009. Based on economic assumptions, production will continue until the field reaches its economic limit in 2046.
For more details on the Offshore North Sinai Development Lease Conventional Gas Field, buy the profile here.
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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.
