Asset Report
Zaafarana
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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 Zaafarana oil field is located 6.5 kilometres offshore in the Gulf of Suez, approximately 8 kilometres northeast of Zaafarana town. BG Group (now Shell) discovered the shallow water field in 1990. A drilling and production platform was constructed in 1993, exporting crude via a Floating Production Storage and Offloading (FPSO) vessel to shuttle tankers.In 1999, BG sold its 50% stake in the field to Pico (now Cheiron).The primary producing formations produce viscous heavy crude oil. ...
Table of contents
- Summary
- Key Issues
- Initial development
- 2018-2024 Redevelopment
- 2025 Redevelopment plan
- Exploration costs
- Capital costs
- Abandonment costs
- Operating costs
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2018 Revised terms
- Profit oil
- Bonuses
- Historical terms
- 3 more item(s)...
Tables and charts
This report includes the following images and tables:
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Index MapZaafarana MapParticipation
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Field and Hydrocarbon CharacteristicsKey E&A wellsReserves (2P) at 01/01/2026Production (2016-2025)Production ProfileCapital Costs Pre-2017 to 2025 (US$ million)Operating Costs 2025 to 2029 (US$ million)Cash Flow (US$)PV Table (US$)
- 6 more item(s)...
What's included
This report contains:
