Touat is a producing conventional gas field located onshore Algeria and is operated by Groupement TouatGaz. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Touat (Block 352a, 353). Buy the profile here.
An expansion project is associated with the Touat, namely the Touat Phase 2. This project is currently in the feasibility stage, expected to start in 2026.
Field participation details
The field is owned by Engie, Neptune Energy Group and Sonatrach.
Production from Touat
The Touat conventional gas field recovered 4.19% of its total recoverable reserves, with peak production expected in 2024. The peak production will approximately 0.99 thousand bpd of crude oil and condensate and 428.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2047.
Remaining recoverable reserves
The field is expected to recover 399.31 Mmboe, comprised of 3.86 Mmbbl of crude oil & condensate and 2,372.67 bcf of natural gas reserves. Touat conventional gas field reserves accounts 0.14% of total remaining reserves of producing conventional gas fields globally.
Contractors involved in the Touat conventional gas field
Some of the key contractors involved in the Touat project as follows.
EPC Contractors: ABB and Safir Group
For more details on the Touat Conventional Gas Field, buy the profile here.