West Abu Gharadig Development Lease is a producing conventional oil field located onshore Egypt and is operated by Apex International Energy Management. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block West Abu Gharadig Development Lease. Buy the profile here.
Field participation details
The field is owned by Apex International Energy Management, Korea National Oil and MOL Hungarian Oil and Gas.
Production from West Abu Gharadig Development Lease
The West Abu Gharadig Development Lease conventional oil field recovered 97.66% of its total recoverable reserves, with peak production in 2008. Based on economic assumptions, production will continue until the field reaches its economic limit in 2027.
About Apex International Energy Management
Apex International Energy Management LLC (Apex International) is an oil and gas exploration company that offers production offers oil and gas. The company holds two blocks in Egypt’s the Western Desert about million acres in the prolific Abu Gharadig Basin. It seeks to build an exploration and production business of scale through asset acquisitions and capital investments in drilling, infrastructure and production activities. Apex International is also expanding its business activities in Egypt and other the Middle East and North African countries among others. The company has operations with offices in New Cairo, Egypt. Apex International is headquartered in Houston, Texas, the US.
For more details on the West Abu Gharadig Development Lease Conventional Oil Field, buy the profile here.
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