Spanish company Repsol has made its third gas discovery in the Illizi basin, in the southeast of Algeria, in an area bordering Libya.
The discovery in 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%) and GDF-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 (m³/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: Repsol)
