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April 28, 2022

Issouane Conventional Gas Field, Algeria

By Carmen

Issouane is a conventional gas development located onshore Algeria and is operated by Total E&P Algerie. Discovered in 2008, Issouane lies in block Erg Issaouane (Block 226, 229b) and Tin Fouye Tabankort Sud (TFT Sud).

The project is currently in feed stage and is expected to start commercial production in 2027. The development cost is expected to be $400 m.

Field participation details

The field is owned by TotalEnergies and Sonatrach.


Production from Issouane

Production from the Issouane conventional gas development project is expected to begin in 2027 and is forecast to peak in 2030, to approximately 1,002 bpd of crude oil and condensate, 41 Mmcfd of natural gas and 346 bpd of natural gas liquids. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2062.


Remaining recoverable reserves

The field is expected to recover 54.93 Mmboe, comprised of 6.31 Mmbbl of crude oil & condensate, 276.71 bcf of natural gas reserves and 2.5 Mmbbl of natural gas liquid reserves.


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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