Eni SpA and Algeria’s state-owned energy company Sonatrach reported further discovery on July 25 in the Berkine North onshore basin in the Algerian desert with plans to fast track the developments.
The Rhourde Oulad Djemaa Ouest-1 (RODW-1) exploration well, in the research perimeter of the Sif Fatima II concession, is the third well in the exploration drilling campaign. It comes after the significant discovery of HDLE-1 in Zemlet el Arbi, announced in March, and the successful appraisal well HDLS-1 in the adjacent Sif Fatima II.
“The development of these discoveries will be fast-tracked, thanks to their proximity to existing BRN/ROD facilities,” Eni said in a company release.
The Zemlet el Arbi and Sif Fatima II concessions are operated by a joint venture between Eni (49%), and Sonatrach (51%).
The RODW-1 discovery comprises of oil and associated gas in the Triassic sandstones of the Tagi reservoir. During the production test, the well produced 1,300 bbl/day of oil and about 2 MMscf/d of associated gas.
The discovery is part of the new exploration campaign which will include the drilling of five wells in the Berkine North Basin.
“The RODW-1 discovery confirms the validity of Eni’s and Sonatrach’s successful near-field and infrastructure-led exploration strategy, that allows a rapid valorisation of the new resources,” Eni added in its release.
Headquartered in Italy, Eni has been present in Algeria since 1981. With an equity production of 100,000 boe/d, Eni is the main international company in the country, according to the company release.
Recommended Reading
Diamondback Subsidiary to Invest $50MM in Verde Clean Fuels
2024-12-19 - Diamondback Energy subsidiary Cottonmouth Ventures LLC’s investment will consist of buying 12.5 million shares of Verde Class A common stock, making Cottonmouth the company’s second largest shareholder.
Power Co. Proposes NatGas Plants Near Texas Haynesville Shale
2024-12-18 - An American Electric Power (AEP) subsidiary plans to develop two natural gas-fired generation projects near the prolific Texas Haynesville shale play.
NuVista Energy Temporarily Curtails Production After Plant Shutdown
2024-12-18 - NuVista Energy announced revised production guidelines following temporarily curtailing production in the Wapiti area of the Alberta Deep Basin.
Exxon’s Custom, Lightweight Proppant Boosts Permian EURs by 15%
2024-12-17 - Exxon is lowering drilling and completion costs, boosting EURs by 15% with custom proppant and considering upside from less developed Permian Basin zones.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.