Project Profile
Value: Undisclosed
Location: Western Desert, Egypt
Area: 4,326 km2
Acquisition date: Completed Aug 08, effective Mar 08
Start-up Year: 2013
The East Ras Qattara Concession (ERQ) in the Western Desert comprises five mature oil fields (Shahd, Ghard, Rana, Rana SE, and Shahd SE) and two recently discovered oil fields (AlZahraa and Diaa).
The block is extensively covered by 2D and 3D seismic data. The current development program includes two development wells and a facilities upgrade, and the exploration work program includes the drilling of four exploratory wells.
Operators:
Enap Sipetrol: Operator with 50.5% interest
Kuwait Energy: 49.5% interest