The Morgan oil field is an oil field located in the Gulf of Suez. It was discovered in 1965 and developed by Gulf of Suez Petroleum Company. It began production in 1966 and produces oil and natural gas. This is the Egyptian account of discovery for reasons of gaining back the Sinai from Israel in the Camp David Accords in 1977. In fact, King Resources Company of the Israel MidBar Concession (of which King Resources Company was a Partner and the Operator) actually made the major producing discovery in 1969 at initial production of 110,000 barrels of oil per day. The total proven reserves of the Morgan oil field are around 2.7 billion barrels (362×106tonnes), and production is centered on 40,000 barrels per day (6,400 m3/d).[1]

RegionGulf of Suez
OperatorGulf of Suez Petroleum Company
Field history
Start of production1966
Current production of oil40,000 barrels per day (~2.0×10^6 t/a)
Estimated oil in place362 million tonnes
(~ 430×10^6 m3 or 2700 million bbl)

See also



  1. ^ "Exploiting the Mature South El Morgan Kareem Reservoir for Yet More Oil: A Case Study on Multi-Discipline Reservoir Management". One Petro. 1997. Retrieved 2013-05-27.