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November 22, 2021

Ahnet Unconventional Gas Field, Algeria

By Carmen

Ahnet is a unconventional gas development located onshore Algeria and is operated by Sonatrach. Discovered in 1953, Ahnet lies in block Ahnet (Block 337b, 338b, 339a2, 339b, 340b, 341b, 341a2).

The project is currently in approval stage and is expected to start commercial production in 2025. The development cost is expected to be $2,000 m. The Ahnet unconventional gas development will involve the drilling of approximately 15 wells.

Field participation details

The field is owned by Sonatrach.


Production from Ahnet

Production from the Ahnet unconventional gas development project is expected to begin in 2025 and is forecast to peak in 2026, to approximately 1,104 bpd of crude oil and condensate and 418 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2069.


Remaining recoverable reserves

The field is expected to recover 614.48 Mmboe, comprised of 8.09 Mmbbl of crude oil & condensate and 3,638.38 bcf of natural gas reserves.


Contractors involved in the Ahnet unconventional gas field

Some of the key contractors involved in the Ahnet project as follows.

Other Contractors: Quantum Drilling Ventures and TASSILI

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About Sonatrach

Sonatrach SpA (Sonatrach) is an integrated oil and gas company. It carries out exploration, production, liquefaction, refining, marketing and maritime transportation of hydrocarbons and petroleum products. The company operates pipeline transport, storage, loading and unloading infrastructure network to transport crude oil; condensate, LPG, and natural gas. Sonatrach also carries out production and marketing of liquefied natural gas and by-products such as ethane propane butane and gasoline. It provides research, development, exploitation, and production of hydrocarbons. The company has operational presence in Europe, Africa, and South America. Sonatrach is headquartered in Algiers, Algeria.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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