West El-Qantara Development Lease is a producing conventional gas field located onshore Egypt and is operated by El Wastani Petroleum. The field is located in block West Qantara Concession and West Qantara Development Lease.
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 48.73% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 0.83 thousand bpd of crude oil and condensate and 35 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2065.
Remaining recoverable reserves
The field is expected to recover 21.83 Mmboe, comprised of 1.18 Mmbbl of crude oil & condensate and 123.89 bcf of natural gas reserves. West El-Qantara Development Lease conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.
Methodology
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.