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November 22, 2021

Isarene Complex Conventional Gas Field, Algeria

By Carmen

Isarene Complex is a conventional gas development located onshore Algeria and is operated by Groupement Isarene. Discovered in 1959, Isarene Complex lies in block Isarene Permit (Block 228, 229a).

The project is currently in construction stage and is expected to start commercial production in 2022. The development cost is expected to be $1,600 m. The Isarene Complex conventional gas development will involve the drilling of approximately 124 wells.

Field participation details

The field is owned by Sonatrach and Enel.


Production from Isarene Complex

Production from the Isarene Complex conventional gas development project is expected to begin in 2022 and is forecast to peak in 2024, to approximately 11,343 bpd of crude oil and condensate, 330 Mmcfd of natural gas and 16,368 bpd of natural gas liquids. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2041.


Remaining recoverable reserves

The field is expected to recover 259.9 Mmboe, comprised of 36.59 Mmbbl of crude oil & condensate, 1,063.6 bcf of natural gas reserves and 46.05 Mmbbl of natural gas liquid reserves.


Contractors involved in the Isarene Complex conventional gas field

Some of the key contractors involved in the Isarene Complex project as follows.

Design/FEED Engineering: McDermott International

Main EPC: Petrofac

Other Contractors: 3W Networks, China Petrochemical, Dalma Energy, Halliburton and KNM Group

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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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