On 23 December, the regular twenty-third meeting of the Operating Committee of the El Assel project was held at the Algerian branch of Gazprom International, the sole specialised company of PAO Gazprom for the implementation of international upstream projects.
The meeting was attended by representatives of the project participants – the Algerian State Oil and Gas Corporation Sonatrach and Gazprom International, which is acting as the operator during the exploration phase.
During the meeting the parties discussed the current status of the project implementation, including the progress of construction of RSH-3 delineation well at the Rhourde Sayah field, the progress of 3D seismic acquisition at the Rhourde Sayah North field in the volume of 350 km2 and the progress of preparation of development plans of Zemlet Er Rekkeb, Zemlet Er Rekkeb North, Rhourde Sayah and Rhourde Sayah North fields.
Since 2009, Gazprom International has been working in Algeria on the project for exploration and development of hydrocarbons at the El Assel perimeter in the Eastern part of the country. The company has a 49% share in the project. A 51% share belongs to the Algerian State Oil and Gas Corporation Sonatrach.
Within the framework of the exploration program a significant volume of 3D and 2D seismic acquisition was completed, obtained data as well as seismic data for the preceding years were processed and interpreted; eight exploration and delineation wells have been drilled.
The new Rhourde Sayah North gas and oil field was discovered in September 2014. The deposit was discovered as a result of drilling of the 4,120m deep RSHN-1 exploration well. During previous exploration works in the area, the Sonatrach - Gazprom International association discovered two deposits based on drilling results of RSH-2 and ZERN-1 exploration wells. In addition, the previously discovered Zemlet Er Rekkeb field is also in the area.
Currently the company is drilling the last delineation well at the exploration phase – RSH-3, performing 3D seismic acquisition at the Rhourde Sayah North field in the volume of 350 km2 and preparing development plans of Zemlet Er Rekkeb, Zemlet Er Rekkeb North, Rhourde Sayah and Rhourde Sayah North fields.
Algeria (4.58 tn m3) is rated second in Africa in terms of natural gas reserves after Nigeria (5.15 tn m3). The hydrocarbon reserves are mainly concentrated in the central and Eastern parts of the country.