Isarene Complex is a conventional gas development located onshore Algeria and is operated by Groupement Isarene. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Isarene Complex was discovered in 1959, lies in block Isarene Permit (Block 228, 229a). Buy the profile here.
The project is currently in construction stage and is expected to start commercial production in 2023. 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 Enel and Sonatrach.
Production from Isarene Complex
Production from the Isarene Complex conventional gas development project is expected to begin in 2023 and is forecast to peak in 2025, 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 2042.
Remaining recoverable reserves
The field is expected to recover 259.90 Mmboe, comprised of 36.59 Mmbbl of crude oil & condensate, 1,063.60 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: Halliburton, KNM Group, Dalma Energy, China Petrochemical and 3W Networks
For more details on the Isarene Complex Conventional Gas 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.
