Algeria's Ain Tsila gas-condensate field commercial

By OGJ editors

Parties to the Isarene production-sharing contract have agreed a formal declaration of commerciality for Ain Tsila gas-condensate in the Illizi basin in eastern Algeria.

Upon approval by Algerian authorities, operator Petroceltic International PLC and partners expect to be granted a 30-year exploitation permit for the field.

The companies estimate Ain Tsila to contain a gross resource of 2.1 tcf of sales gas, 67 million bbl of condensate, and 108 million bbl of liquefied petroleum gas. Development would begin in 2014 and gas production start in the third quarter of 2017.

The initial 18 vertical wells will produce a combined 355 MMscfd of wet gas during a 14-year plateau to a new gas processing plant. A further 106 development wells are estimated to be needed to maintain the plateau.

Petroceltic has a 56.625% working interest in the development. Enel has 18.375% and Sonatrach 25%.

The field was formally declared commercial on completion of an agreement for Sonatrach to market the gas using a formula linked to Brent oil pricing.

Related Articles

INTERNATIONAL BRIEFS

01/01/1990 WESTCOAST ENERGY INC., Vancouver, B.C., agreed to buy the utilities and propane business of Inter-City Gas Corp. (ICG), Winnipeg, Man., for $720 mi...

OWNERSHIP QUESTIONS CAN STYMIE DEVELOPMENT OF COALBED METHANE

01/01/1990 Although the technology exists for commercial recovery of coalbed methane, production has been hindered because of the legal quandary as to ownersh...

OIL FLOW RISING IN E. CHINA REGION

01/01/1990 Production is building from an oil producing area in the lower reaches of the Yangtze River in eastern China's Jiangsu Province. The northern J...

NEW LOUISIANA FIND MAY SIGNAL REBIRTH OF TUSCALOOSA

01/01/1990 The Tuscaloosa formation of the Upper Cretaceous is found in many areas of the Gulf Coast region.

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected