South Abu Zenima Development Lease is a producing conventional oil field located in shallow water in Egypt and is operated by South Abu Zenima Petroleum. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block South Abu Zenima Development Lease, with water depth of 230 feet. Buy the profile here.
An expansion project is associated with the South Abu Zenima Development Lease, namely the Muzhil Development. This project is currently in the feasibility stage.
Field participation details
The field is owned by National Petroleum Company Egypt.
Production from South Abu Zenima Development Lease
The South Abu Zenima Development Lease conventional oil field recovered 52.12% of its total recoverable reserves, with peak production in 2021. The peak production was approximately 5.00 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2037.
Remaining recoverable reserves
The field is expected to recover 7.67 Mmboe, comprised of 7.67 Mmbbl of crude oil & condensate.
Contractors involved in the South Abu Zenima Development Lease conventional oil field
The key contractors involved in the South Abu Zenima Development Lease project as follows.
Other Contractors: ADES Investments Holding
About South Abu Zenima Petroleum
South Abu Zenima Petroleum Co (Petrozenima) is a joint venture company between Egyptian General Petroleum Corp and National Petroleum Company. The company focuses on the development of Muzhil Field in South Abu Zenima Concession on the Eastern side of the Gulf of Suez. Petrozenima is headquartered in Cairo, Egypt.
For more details on the South Abu Zenima Development Lease 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.
