On September 30, at the office of the Algerian State Oil and Gas Corporation Sonatrach, Gazprom International’s partner in the El Assel area project, the regular twenty-second project meeting of the operating committee took place.
Sonatrach holds a 51% stake in the project with Gazprom International having 49%.
The committee was attended by representatives of the partner companies involved in the implementation of the project, the exploration phase of which is operated by Gazprom International.
During the course of the meeting, various aspects of the current status of the project’s implementation were discussed and the work programme and preliminary budget for 2016 were approved.
At present, spud preparations are being initiated for the next development test well RSH-3, and the development plan for the fields Zemlet Er-Rekkeb – Zemlet Er-Rekkeb South (ZER – ZERS) is being drafted.
Since 2009, Gazprom International has been implementing an exploration and hydrocarbon development project in the El Assel area in the eastern part of the country.
As part of the exploration programme, 2D and 3D seismic data acquisition operations have been conducted on a significant scale, and the data obtained has been processed and interpreted; this includes seismic data from previous years. Eight exploratory and development test wells have been drilled.
In September 2014, the new gas and oil field Rhourde Sayah North was opened. The deposit was discovered after drilling the exploratory well RSHN-1, which is 4,100 metres deep. During previous exploration operations in the area, the Sonatrach - Gazprom International association discovered two deposits after drilling the exploratory wells RSH-2 and ZERN-1. There is also a previously discovered field in the area - Zemlet Er-Rekkeb.
Based on proven natural gas reserves (4.58 trillion cubic metres), Algeria ranks second in Africa after Nigeria (5.15 trillion cubic metres). Major hydrocarbon reserves are concentrated in the central and eastern regions of the country. Off White X Max 98