The October Oil Field is structurally complex due to its presence in the structurally complex system of the Gulf of Suez Rift Basin area, with the last updated structural model developed in 2012. Although the 2012 model defined the general structural framework and reservoir architecture, many challenges arose during the field development. The current study is focusing on the structural elements affecting this giant field to update the field structural model using the newly processed 3D seismic survey, the acquired data from newly drilled wells, and the associated different logging techniques. Several geological structure contour maps and cross‐sections were generated to help in delineating and understanding the reservoir's extension. Based on the detailed correlation study, we were able to detect the faults that affected the structure of the October Field in detail, define their throw amounts and directions, and identify the missed sections across the studied area. This study introduces a comparison between the old and updated model scenarios to show the differences and their effect on the field development plan and recommendations. The updated model shows differences between the 2012 model and the current study's modified model in the number, extension, and location of faults: the old model has 17 faults, while the modified model has 13 faults. The main clysmic fault “F1” has a significant impact on the entire field because it affects all studied wells. Furthermore, the F3 and F4 faults have a significant impact due to their ability to create and add compartmentalization within the area of study. This study revealed that the updated detailed 3D structural model can support the development plans for the Nubia reservoir and motivate drilling, workover, and dynamic operations to assign the development opportunities in the proper location. Based on the developed model, there are at least three opportunities in the attic areas of the study that could increase oil production and oil reserves for the field while avoiding any more failures.