Zarzaitine is a producing conventional oil field located onshore Algeria and is operated by Sinopec International Petroleum Exploration and Production. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Zarzaitine. Buy the profile here.
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An expansion project is associated with the Zarzaitine, namely the Zarzaitine Development. This project is currently in the approval stage.
Field participation details
The field is owned by China Petrochemical and Sonatrach.
Production from Zarzaitine
The Zarzaitine conventional oil field recovered 89.09% of its total recoverable reserves, with peak production in 1962. Based on economic assumptions, production will continue until the field reaches its economic limit in 2036.
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About Sinopec International Petroleum Exploration and Production
Sinopec International Petroleum Exploration and Production Corp (SIPC), a subsidiary of China Petroleum & Chemical Corp is an energy utility provider that offers oil and gas exploration services. The company provides investments services in development, exploration, sale, production, storage, and transportation of oil and gas. It also invests in oil refining and production. SIPC offers services such as comprehensive utilization of mineral resources associated with oil and gas, import and export business, technical exchanges, and foreign trade consultation services, among others. The company provides its services across China, Africa, South America, the Middle East, Asia Pacific, Russia-Central Asia and North America. SIPC is headquartered in Beijing, China.
For more details on the Zarzaitine Conventional Oil Field, buy the profile here.
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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.
