Petrogulfmisr Fields are located in the Central Gulf of Suez, approximately 70 km
north of Hurghada city. The concession area contains four (4) main Fields; North
Geisum, North-East Geisum, South Geisum, and Tawila-West. The development and production
of the Fields is supported by five fixed offshore structures (production platforms)
and a jack-up structure (the Geisum Star).
The total current daily oil production rate averages some 7,000 BOPD with an associated
water cut of approximately 78% adding-up to a total liquid production rate in the
order of 31,800 BLPD. The average composite gravity of the export oil is some 28
API.
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