Repsol Makes New Gas Discovery in Algeria

Source Press Release
Company RepsolEnel SpAENGIESonatrach 
Tags Production/Development, Discovery, Upstream Activities
Date April 20, 2015

Repsol makes new gas discovery in Algeria in the Sud-Est Illizi block

  • The discovery in the Tan Emellel Sud-Ouest-2 (TESO-2) exploration well is the third find in the Sud-Est Illizi block.
  • Repsol (52.5%) is the operator leading the consortium that has made the discovery in partnership with Enel (27.5%) and GDF-SUEZ (20.0%).
  • Sonatrach will participate, with a 51% stake, in the development and production phases.
  • In Algeria, Repsol is currently active in one production operation (Tin-Fouyé Tabankort), one development project (Reggane Nord) and two exploration blocks (Sud-Est Illizi and Boughezoul).

Repsol  has made its third gas discovery in the Illizi basin, in the southeast of Algeria. The discovery in the  Tan Emellel Sud-Ouest-2 (TESO-2) exploration well in the  Sud-Est Illizi block is the continuation of an already very successful exploration campaign in the high-potential area.

Repsol is the operator of the consortium with a 52.5% stake in partnership with Enel (27.5%) andGDF-SUEZ (20%).  Sonatrach will hold a 51% stake in the development and production phases, with the existing members maintaining their existing proportions in the remaining 49%.

The gas discovery was made at a depth of 1,307 metres (4,288 feet) and well testing delivered a gas flow rate of 175,000 cubic metres per day (m⊃;/day) and 90 barrels per day (bbl/d) of condensate with a 32/64” choke.

Repsol aims to drill at least four more additional wells in order to appraise the previous discoveries within the Sud-Est Illizi block.

Source: EvaluateEnergy® ©2020 EvaluateEnergy Ltd