West El-Qantara Development Lease is a producing conventional gas field located onshore Egypt and is operated by El Wastani Petroleum. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block West Qantara Concession and West Qantara Development Lease. Buy the profile here.
Field participation details
The field is owned by Dana Gas.
Production from West El-Qantara Development Lease
The West El-Qantara Development Lease conventional gas field recovered 74.18% of its total recoverable reserves, with peak production in 2014. The peak production was approximately 1.07 thousand bpd of crude oil and condensate and 27.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2052.
Remaining recoverable reserves
The field is expected to recover 5.05 Mmboe, comprised of 0.21 Mmbbl of crude oil & condensate, 25.63 bcf of natural gas reserves and 0.56 Mmbbl of natural gas liquid reserves.
For more details on the West El-Qantara Development Lease Conventional Gas 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.
