Ras Budran is a producing conventional oil field located in shallow water in Egypt and is operated by Suez Oil. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field has water depth of 140 feet. Buy the profile here.
An expansion project is associated with the Ras Budran, namely the Ras Budran Side Track. This project is currently in the feasibility stage.
Field participation details
The field is owned by Egyptian General Petroleum.
Production from Ras Budran
The Ras Budran conventional oil field recovered 99.64% of its total recoverable reserves, with peak production in 1987. The peak production was approximately 45.35 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026.
Remaining recoverable reserves
The field is expected to recover 1.00 Mmboe, comprised of 1.00 Mmbbl of crude oil & condensate.
For more details on the Ras Budran Conventional Oil Field, buy the profile here.
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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.
