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.
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 87.91% of its total recoverable reserves, with peak production in 2009. The peak production was approximately 180.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2031.
Remaining recoverable reserves
The field is expected to recover 9.18 Mmboe, comprised of 55.07 bcf of natural gas reserves.
For more details on the Offshore North Sinai Development Lease Conventional Gas Field, buy the profile here.