Ras Qattara Development Lease is a producing conventional oil field located onshore Egypt and is operated by Farah Petroleum. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Ras Qattara Development Lease. Buy the profile here.
Field participation details
The field is owned by Apex International Energy Management and MOL Hungarian Oil and Gas.
Production from Ras Qattara Development Lease
The Ras Qattara Development Lease conventional oil field recovered 98.51% of its total recoverable reserves, with peak production in 2008. The peak production was approximately 14.94 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 1.07 Mmboe, comprised of 1.07 Mmbbl of crude oil & condensate.
For more details on the Ras Qattara Development Lease Conventional Oil Field, buy the profile here.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
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.
