Asset Report
Gupco Merged Area
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Gupco Merged Area comprises numerous offshore concessions across the Gulf of Suez, sitting within a single tax ring fence. The first and the largest to date was the Morgan field, discovered in 1965. Amoco (now BP) discovered other anchor fields, including July, Ramadan, and October, between 1973 and 1977.Production started in 1967 and peaked in the 1980s at around 500 kb/d. The fields have since declined to around 55 kb/d. Significant infill drilling and secondary recovery programs have ...
Table of contents
- Summary
- Key Issues
-
Post-contract Production
- Morgan
- July
- Ramadan
- Sidki
- October
- Badri
- GS 327
- Younis
- 4 more item(s)...
- October Area - North
- Morgan Area - Central
- Sidki - South
- Exploration costs
- Capital and Abandonment costs
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Operating costs
- Profit liquid split (Till 2005)
- Profit liquid split (From May 2005)
- Cash Flow
- Global Economic Model (GEM) File
- Cash Flow
- 2 more item(s)...
Tables and charts
This report includes the following images and tables:
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Index mapGupco Merged Area mapParticipation
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Producing horizonsDiscovery WellsReserves (2P) at 01/01/2026Reserves (2P) at 01/01/2026Contingent Resources (2C) at 01/01/2026Production (2015-2024)Production profileProduction (2025-2034)Post-contract production profile (Post 2024)
- 19 more item(s)...
What's included
This report contains:
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