Gulf Oil and Gas accountACCOUNT

Positive Results at Rhourde Terfaia-1 in Algeria

Source: www.gulfoilandgas.com 3/9/2012, Location: Africa

Share |
Mr. Anon Sirisaengtaksin, President and CEO of PTT Exploration and Production Public Company Limited or PTTEP in association with its partners, SONATRACH, the Algerian National Oil and Gas Company and CNOOC (the group of China’s petroleum producer) is pleased to announce positive results of the 1st exploration well drilled in Hassi Bir Rekaiz perimeter, Algeria.

The well RTF-1 was drilled to a total depth of 4,129 meters on December 20, 2011 and encountered petroleum bearing formation in Triassic Argilo-Gréseux Inférieur (TAGI) reservoir. The flow test (Drill Stem Test - DST) was conducted and found the crude oil flow at approximately 1,000 barrels per day (BOPD) and natural gas at 0.3 million standard cubic feet per day (MMSCFD). PTTEP and its partners planned to drill more exploration and appraisal wells to confirm the extent of the petroleum reserves in the area.

Hassi Bir Rekaiz block is located onshore in the Eastern part of Algeria. It covers an area of 5,377.97 square kilometers. PTTEP’s joint venture partners for this block are SONATRACH with 51% interest and CNOOC Limited with 24.5% interest. PTTEP as an operator holds the rest of 24.5% interest.

Apart from Hassi Bir Rekaiz, PTTEP also joint operates Bir Seba Blocks, in Algeria 433a & 416b project in the nearby area, which is currently under the development phase.

Exploration News in Algeria >>

Indonesia >>  11/13/2018 - JV partner Cue Energy Resources has advised that three Drill Stem Tests (DSTs) will be undertaken within the primary objective Mundu Formation in theP...
Egypt >>  11/12/2018 - Rockhopper Exploration plc, the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, provides the ...

Argentina >>  11/7/2018 - Argentina’s highly anticipated offshore license round has officially opened with interested parties now invited to register their eligibility and subm...
Congo >>  11/6/2018 - The Republic of Congo has launched its latest oil exploration bidding round in Cape Town, offering 18 blocks in deep-water offshore and onshore sites ...

Croatia (Hrvatska) >>  11/6/2018 - Croatia’s cabinet has announced the launch of the country’s second onshore license round. Seven blocks will be available in the license round, all loc...
Mexico >>  11/6/2018 - Eni and Lukoil signed a farm-out agreement for the transfer of participating interests in three exploration licenses in Mexico’s shallow waters. ...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Algeria Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 |

Oil & Gas Projects in Algeria >>

More News

 

Oil & Gas Companies in Algeria >>


Related Links

AO BJ BW CD CG CI CM DZ EG ET GA GH GM GN GQ GW KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO ST SZ TD TN TZ UG ZA ZM
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.