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First offshore oil drilling planned for H2 2019

Published on : Saturday, 09 March 2019 11:07   Read : 24 time(s)
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First offshore oil drilling planned for H2 2019

HOUSTON (United States)- Sonatrach is expected to start offshore  oil exploration in 2019 with a first drilling in the second half off the eastern coast between Bejaia and Skikda, the Houston-based oil-gas group said in the 12th Algerian-US Energy Forum.

The acquisition of 2D and 3D seismic data will be completed in the first half of 2019, Youcef Khanfar, head of the New Resources Department at Sonatrach, told the forum on Algeria's offshore oil potential, adding that the total volume of the first oil wells is estimated at several trillions of cubic meters of biogenic gas.

See also: Hydrocarbons: ALNAFT launches studies to assess unconventional, offshore potential 

The country's western coast may also contain oil, with a planned extraction of many millions of barrels from the first wells to be drilled in this area.

Prospecting in the eastern and western coasts is carried out in partnership with French TOTAL and Italian ENI.

See also: Offshore exploration: Sonatrach seals deals with ENI, Total

In October 2018, Sonatrach signed the first offshore oil exploration deals with those two international groups, marking a new stage in its bid to increase hydrocarbon production.



Last modified on Saturday, 09 March 2019 19:55
First offshore oil drilling planned for H2 2019