Ashtart is a producing conventional oil field located in shallow water in Tunisia and is operated by Societe De Recherches Et D’Exploitation Des Petroles En Tunisie. The field is located in block Ashtart, with water depth of 218 feet.
Field participation details
The field is owned by Perenco Holdings and Entreprise Tunisienne d’Activites Petrolieres.
Production from Ashtart
The Ashtart conventional oil field recovered 96.99% of its total recoverable reserves, with peak production in 1980. The peak production was approximately 40.39 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2028. The field currently accounts for approximately 5% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 7.65 Mmboe, comprised of 7.65 Mmbbl of crude oil & condensate.
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.