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The Nation March 23, 2016 1:00 am
PTT Exploration and Production Plc has reported successful drilling results in the third exploration phase of the Hassi Bir Rekaiz project onshore in Algeria.
In the third exploration phase, the Rhourde Ez Zita-1bis (REZ-1bis) exploration well was drilled to a 4,037-metre depth.
A drill stem test was conducted with crude oil in the formations of Triassic Argilo Greseux Inferieur at the average crude oil flow of 6,152 barrels per day (bpd) and associated gas flow of 6.5 million standard cubic feet per day (mmscfd), and in formations of Ordovician (Ouargla Sandstone) with the average flow rates of crude oil at 302bpd and associated gas of 0.2mmscfd.
This well confirms the huge potential for BOG discovery.
"We are very satisfied with results of REZ-1bis. It marks a significant oil flow rate in the Hassi Bir Rekaiz project added up to the previous exploration campaigns," Somporn Vongvuthi-|pornchai, president and CEO of PTTEP, said yesterday.
The exploration campaign in Hassi Bir Rekaiz started in 2014 and found both crude oil and associated gas in 10 exploration wells out of 11 wells totally.
The Hassi Bir Rekaiz field is located onshore in the eastern part of Algeria. It covers an area of 5,378 square metres.
PTTEP is the operator during the exploration period with a 24.5-per-cent interest.
Its joint venture partners are Sonatrach, the Algerian National Oil and Gas Company with 51-per-cent interest, and CNOOC, China's largest producer of offshore crude oil and natural gas with 24.5-per-cent interest.
Besides Hassi Bir Rekaiz, PTTEP has another exploration and production project - Algeria 433a and 416b - which started oil production in the Bir Seba field last October with the rate of about 20,000bpd.
PTT Exploration and Production Plc has reported successful drilling results in the third exploration phase of the Hassi Bir Rekaiz project onshore in Algeria.
In the third exploration phase, the Rhourde Ez Zita-1bis (REZ-1bis) exploration well was drilled to a 4,037-metre depth.
A drill stem test was conducted with crude oil in the formations of Triassic Argilo Greseux Inferieur at the average crude oil flow of 6,152 barrels per day (bpd) and associated gas flow of 6.5 million standard cubic feet per day (mmscfd), and in formations of Ordovician (Ouargla Sandstone) with the average flow rates of crude oil at 302bpd and associated gas of 0.2mmscfd.
This well confirms the huge potential for BOG discovery.
"We are very satisfied with results of REZ-1bis. It marks a significant oil flow rate in the Hassi Bir Rekaiz project added up to the previous exploration campaigns," Somporn Vongvuthi-|pornchai, president and CEO of PTTEP, said yesterday.
The exploration campaign in Hassi Bir Rekaiz started in 2014 and found both crude oil and associated gas in 10 exploration wells out of 11 wells totally.
The Hassi Bir Rekaiz field is located onshore in the eastern part of Algeria. It covers an area of 5,378 square metres.
PTTEP is the operator during the exploration period with a 24.5-per-cent interest.
Its joint venture partners are Sonatrach, the Algerian National Oil and Gas Company with 51-per-cent interest, and CNOOC, China's largest producer of offshore crude oil and natural gas with 24.5-per-cent interest.
Besides Hassi Bir Rekaiz, PTTEP has another exploration and production project - Algeria 433a and 416b - which started oil production in the Bir Seba field last October with the rate of about 20,000bpd.
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