PTT Exploration & Production PLC plans to drill 14 wells in the initial development of its Hassi Bir Rekaiz cluster of oil fields in eastern Algeria.
The company said it has begun development after receiving development approval last year for a 25-year production period.
It expects flow to start in 2021 at 10,000-13,000 b/d of oil. Output is expected to reach 50,000-60,000 b/d in 2025 after construction of a central processing facility and drilling of 139 more wells.
PTTEP and its partners found oil and gas in 10 out of 11 exploration wells drilled in the 1,916-sq-km area during 2013-16 (OGJ Online, Aug. 19, 2016).
Field names are Semhari, Semhari East, Mouia Aissa, Rhourde Abadje, Oglat El Bachir, Sahane Bagas, Rhourde Rhorfat, Rhourde Terfaia, Bou Goufa, and Rhourd Ez Zita.
PTTEP is operator during exploration with a 24.5% participating interest in the production sharing contract. Partners are Sonatrach, with 51%, and CNOOC Ltd., 24.5%.
