By OGJ editors
HOUSTON, Dec. 12 -- A seismic survey is under way on the Hassi Mouina gas block in Algeria, reported Statoil ASA, the operator. Plans call for a wildcat to be spudded during 2006.
Statoil has 75% interest in the block, and Algeria's state oil and gas company Sonatrach has 25% interest.
The block covers 22,993 sq km in the Timimoun basin. Sonatrach previously drilled one well in the block and discovered gas, which Statoil will develop (OGJ Online, July 28, 2004).
The work program in the 3-year mandatory exploration phase for the block covers two wells and acquisition of 400 km of 2D seismic data. In addition, Statoil will negotiate with Sonatrach on an appraisal program for the discovery. An optional 2-year exploration phase covers one well and 100 km of 2D seismic data.
