Algeria- Sonatrach Made 18 Discoveries in the First Eight Months of 2014


Sonatrach announced Saturday it had made 18 hydrocarbon discoveries in the first eight months of 2014, including 13 in the first half.

The 13 discoveries recorded during the first six months of the year, seven (07) oil and six (06) gas were performed on pools Berkin, Illizi and Oued Mya deposits around Hassi Messaoud, considered "mature areas for exploration" and on the basin Gourara in the southwest of the country, Sonatrach said in a statement to Algeria Press Service (APS).

"In the wake of this exploration program, Sonatrach recorded during the months of July and August, five (05) other oil and gas discoveries. Achievements This is being evaluated, bringing to (18) the number of discoveries since the beginning of 2014, "the statement said.

Volumes of hydrocarbons revealed thanks to the 13 discoveries in the first half of 2014 have been estimated Sonatrach, to 235 million tonnes of oil equivalent (TOE) proved and probable and 159 million toe possible.

In addition, 13 discoveries made during the first six months of 2014 produced at flow rates ranging between 3 and 19.5 cubic meters / hour for oil and between 5,200 and 24,900 m3 / h for gas, accompanied by 2 12 m3 / h of condensate.

Net thicknesses tanks reach these findings up to 16 meters with a 5.5 m average levels for oil and 25 m with an average of 9 meters levels for gas condensate and gas, a-t they said.

Added to those of 2013, these findings "confirm the geological assumptions used since the inception of the program IMPLEMENTATIONGUIDE intensifying exploration effort undertaken by Sonatrach ', has, on the other hand, emphasized the statement. "Sonatrach account and reach to the end of 2014 an exploration intake balanced in terms of volumes between gas and liquid and that would be at a level comparable to that of 2013 which reached 535 million Tep level (proven and probable) in place between discoveries and re-evaluations, "Has added the same source.

Moreover, the year 2013 ended with the completion of 32 discoveries including 29 own efforts Sonatrach in addition to drilling 93 wells in which 85 own efforts.


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