Hassi Bir Rekaiz is a producing conventional oil field located onshore Algeria and is operated by PTT Exploration and Production Public. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Hassi Bir Rekaiz (Block 443a, 424a, 415ext, 414ext). Buy the profile here.
An expansion project is associated with the Hassi Bir Rekaiz, namely the Hassi Bir Rekaiz Phase 2. This project is currently in the approval stage, expected to start in 2026.
Field participation details
The field is owned by PTT Public and Sonatrach.
Production from Hassi Bir Rekaiz
The Hassi Bir Rekaiz conventional oil field recovered 0.74% of its total recoverable reserves, with peak production expected in 2028. The peak production will approximately 55.00 thousand bpd of crude oil and condensate and 66.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2053.
Remaining recoverable reserves
The field is expected to recover 262.42 Mmboe, comprised of 214.59 Mmbbl of crude oil & condensate and 287.01 bcf of natural gas reserves. Hassi Bir Rekaiz conventional oil field reserves accounts 0.06% of total remaining reserves of producing conventional oil fields globally.
About PTT Exploration and Production Public
PTT Exploration and Production Public Co Ltd (PTTEP), a subsidiary of PTT Public Company Limited, is an oil and gas company. It carries out exploration, development and production of hydrocarbons. The company also produces natural gas liquids(NGL) including LPG and condensate, allow density hydrocarbon. The company manages an array of exploration projects in different stages and producing assets across the world. The company, along with its joint venture partners, operates pipelines to transport natural gas from its overseas exploration and production projects. It also has investments in related businesses including information and communication technology services, gas pipeline investment, exploration and production support services, property leasing and others. The company has operations in Australia, Americas, Africa, the Middle East and Asia regions. PTTEP is headquartered in Bangkok, Thailand.
For more details on the Hassi Bir Rekaiz Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
