Ras Fanar Development Lease 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 is located in block Ras Fanar Development Lease. Buy the profile here.
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An expansion project is associated with the Ras Fanar Development Lease, namely the Ras Fanar Further Development . This project is currently in the feasibility stage.
Field participation details
The field is owned by Egyptian General Petroleum.
Production from Ras Fanar Development Lease
The Ras Fanar Development Lease conventional oil field recovered 92.30% of its total recoverable reserves, with peak production in 1988. Based on economic assumptions, production will continue until the field reaches its economic limit in 2040.
Contractors involved in the Ras Fanar Development Lease conventional oil field
The key contractors involved in the Ras Fanar Development Lease project as follows.
Other Contractors: Ades Holding
For more details on the Ras Fanar Development Lease Conventional Oil 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.
