Since 2010, ENGIE holds a 50% participation interest in the Ashrafi oil field located offshore in the Gulf of Suez. At the end of 2013, the cumulated production from Ashrafi was 103.1 million barrels. At the end of 2014, the cumulated production from Ashrafi reached 104 million barrels. The remaining reserves according to current scenario for licence extension are 10 million barrels. In 2015, daily production rate should be aroung 2,600 barrels of oil.
The production phase of the Ashrafi field began in 1992. After a work over campaign end of 2010, production peaked up to 9,000 bbl/d in 2011. At the end of 2012, the cumulated production from Ashrafi was 103 million barrels. The estimated remaining 2P reserves are 2.9 million barrels. Early 2013, production rate reached 2,800 bbl/d.
GDF SUEZ Exploration Egypt B.V.
Nile Tower - 9(G) Ahmed Kamel Street
Cairo - Egypt
Phone: +202 251 715 18/9