Egypt 2021 Digital Bid Round | Schlumberger

Join Egypt’s 2021 Digital Bid Round

Brownfield, greenfield, and frontier exploration investment opportunities across Egypt

The industry’s first fully digital bid round is open in multiple areas across Egypt’s Western Desert, Gulf of Suez, Nile Delta, and Mediterranean Sea regions—open now through 1 August 2021.

Explore Egypt’s brownfield, greenfield, and frontier exploration opportunities

On 17 February 2021, Egypt opened diverse new exploration opportunities covering 24 blocks across basins and plays onshore, offshore, and in deep water—including the Western Desert and Gulf of Suez areas; the mature, less explored Nile Delta region; and frontier exploration in the Mediterranean Sea region. The upcoming licensing round includes

  • 12 bid round blocks in the Western Desert
  • 3 bid round blocks in the Gulf of Suez
  • 9 bid round blocks in the Mediterranean Sea.

These blocks offer liquid, gas, and condensate production opportunities. The unique geographic location, market size of Egypt, and established infrastructure position the country to lead the import and export of oil and gas in the region and attract new investment and competition from both national and international investors.

Secure a discovery close to existing infrastructure to reduce pipeline, production, and facility costs—providing you competitive returns for years to come.

Enable competitive ROI from Egypt’s exploration opportunities

Under a production-sharing agreement model, the Egypt 2021 Digital Bid Round offers

  • diversity of exploration settings—mature, underexplored, and frontier basins
  • investment opportunities both onshore and offshore
  • attractive commercial terms and conditions
  • gas liquefaction plants that can accelerate return on investment through export options
  • easy exploitation of resources using existing infrastructure
  • worldwide, digital access to datasets in the Egypt Upstream Gateway (EUG) portal.
Available blocks in Egypt's 2021 virtual bid round
Available blocks in Egypt's 2021 virtual bid round
Evergreened data for the Egypt 2021 virtual bid round.
The EUG has completed two poststack 3D seismic merge reimaging projects of 25,000 km2 each in the Eastern Mediterranean Sea and Western Desert.

Access Egypt’s rich, evergreen E&P datasets through the Egypt Upstream Gateway

The EUG is Egypt’s fully integrated, digital E&P platform to attract global investment. It provides instant, remote access to all subsurface and bid round data for the 2021 digital bid round to accelerate the decision-making process. Rich subsurface datasets include an available poststack merge of existing legacy seismic surveys covering 25,000 km2 in the Eastern Mediterranean Sea (blocks EGY- EMED 3, EGY- EMED 4, and EGY- EMED 5) and Western Desert (blocks EGY-WD-11 and  EGY-WD-12).

Focused evergreening opportunity

The EUG offers the opportunity for prestack processing from field tapes in the Eastern Mediterranean Sea and Western Desert Basins by implementing integrated, advanced imaging and geoscience solutions. This dataset enables you to enhance subsurface evaluations for successful exploration in an area of interest. Detailed prospectivity evaluation and special studies enable you to reduce geological uncertainty and risk.

 

Egypt 2021 Digital Bid Round

Become a member of the EUG and access comprehensive bid round content and regional insights now.

The EUG provides secure access to more than 2,500 TB of seismic data and 70 years of production data, including evergreened subsurface data. With reimaged and integrated data at your fingertips, you can quickly and more effectively screen and evaluate exploration opportunities across Egypt.

ACCESS THE EUG PORTAL
24,475

km2 of 3D seismic surveys for 2021 licensing round

63,360

km of 2D seismic data covering 24 blocks

118

wells with log data

Self-service workflows

including virtual data rooms and online data delivery

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Egypt’s oil and gas industry is mature, dating to more than a century, and still has potential numerous investment opportunities across its entire value chain with 62 new discoveries. The Egypt 2021 bid round includes investment and exploration opportunities across the Western Desert, Gulf of Suez, and Mediterranean Sea, and the EUG provides the data you need to make your assessments in these regions—including 2D and 3D seismic data and well log data.
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According to the Egyptian General Petroleum Corporation (EGPC), production from the Western Desert comprised 34.18% of the total production of crude oil, gas, and condensates, with the Mediterranean comprising 37.53% and the Gulf of Suez comprising 8%.

Gulf of Suez Oil Exploration

The Gulf of Suez is a mature oil province, and the bid round blocks offer an opportunity for exploring multiple play types. Well-established infrastructure and pipeline gathering stations enable easy exploitation of hydrocarbon reserves.

Source

  • Prerift—Brown limestones and Thebes Formation
  • Synrift—Kareem and Rudies Formations
  • Postrift—post-Miocene

Synrift reservoir

  • Clastics—Rudeis, Kareem, Belayim, South Gharib, Zeit, and post-Zeit Formations
  • Carbonates—Nukhul Formation

Prerift reservoir

  • Fractured basement
  • Paleozoic and Cretaceous Nubian sandstones, Upper Cretaceous Nezzazat sandstones, and the fractured Eocene 
  • Thebes limestone

Trap and seal

  • Rift system creates megahalf-graben boundary that is internally fragmented into numerous nested fault blocks (trapping style is tilted fault blocks).
  • Intraformational clay and South Gharib Formation (halite) form a good seal.
Gulf of Suez stratigraphic column, available bid round blocks, and percentage of Egypt’s total oil production.
Gulf of Suez stratigraphic column, available bid round blocks, and percentage of Egypt’s total oil production.

Western Desert Oil and Gas Exploration

Covering about 700,000 km2, the Western Desert is a mature oil and gas producer with a long history of hydrocarbon discoveries dating back to 1966. It has both conventional and unconventional potential.

Source

  • Proven Jurassic—Khataba Formation
  • Proven Cretaceous—Alam el Bueib, Kharita, Abu Roash, Khoman Formations

Reservoir

  • Postulated Precambrian
  • Jurassic—Khataba and Masajid Formations
  • Cretaceous—Alam el Bueib, Alamein Dolomite Kharita, Bahariya, Abu Roash, Khoman Formations
  • Tertiary—Apollonia Formation

Trap and seal

  • Northwest-Southeast Cretaceous extensional fault-bound three- to four-way dip closure structures
  • Potential stratigraphic traps or combined traps—onlapping of Mesozoic reservoirs on basement
  • Intraformational shales and carbonates
Western Desert stratigraphic column, available bid round blocks, and percentage of Egypt’s total oil production.
Western Desert stratigraphic column, available bid round blocks, and percentage of Egypt’s total oil production.

Mediterranean Sea Gas Exploration

The Mediterranean blocks offer a unique opportunity to explore new exploration frontiers, with hundreds of producing gas fields. The blocks enable exploration of various play types from the Nile Delta cone to the Eastern and Western boundaries of Egypt’s Mediterranean deep water.

Source

  • Postulated Jurassic source rocks (thermogenic)
  • Oligocene and Miocene source rocks (thermogenic)
  • Pliocene source rocks (biogenic)

Reservoir

  • Cretaceous and Miocene carbonate buildup
  • Oligocene and Miocene—turbidite slope channels, lobes, and basin floor fans
  • Pliocene—turbidite slope channels and basin floor fans

Trap and seal

  • Three- and four-way dip closures and potential stratigraphic and combined traps 
  • Thick intraformational shales and Messinian evaporite for Oligocene and Miocene and interbedded shales for the Pliocene reservoirs
Mediterranean Sea stratigraphic column, available bid round blocks, and percentage of Egypt’s total oil production.
Mediterranean Sea stratigraphic column, available bid round blocks, and percentage of Egypt’s total oil production.
Egypt Opens New Exploration Opportunities | Video
Watch this presentation on how Egypt is expanding investment opportunities in the region, including new brownfield, greenfield, and frontier areas of interest.
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End-to-End Characterization Solutions for Maximizing the Egypt 2021 Digital Bid Round
We provide end-to-end solutions to help you maximize your investment in Egypt, including survey design and modeling, field development planning, reservoir modeling, formation evaluation, core analysis, petroleum system modeling, economic modeling, seismic interpretation, and training.
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