The NOC’s plans entail a total investment USD 1.14 billion over the field’s life, USD 845 million of which will be allocated to development activities, Upstream Online reported.
The company will drill five development wells, with plans to bring Esah on line by late 2019 or early 2020. The field is expected to achieve peak output of 27,000 bopd and 368,000 cubic metres (13 mcf) of gas per day in 2021.
Pemex is expected to choose an EPCI contractor this coming weekend for work on some of the infrastructure required at Esah, including a new platform and 8.8-kilometre subsea pipeline.
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