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November 24, 2021updated 27 Apr 2022 11:57am

TFT Wet Gas Conventional Gas Field, Algeria

By Carmen

TFT Wet Gas is a producing conventional gas field located onshore Algeria and is operated by Groupement TFT. The field is located in block Tin Fouye Tabankort (TFT).

Field participation details

The field is owned by Sonatrach and TotalEnergies.


Production from TFT Wet Gas

The TFT Wet Gas conventional gas field recovered 73.97% of its total recoverable reserves, with peak production in 2011. The peak production was approximately 17.71 thousand bpd of crude oil and condensate, 799 Mmcfd of natural gas and 34.16 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2046. The field currently accounts for approximately 3% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 418.88 Mmboe, comprised of 43.95 Mmbbl of crude oil & condensate, 1,745.97 bcf of natural gas reserves and 83.93 Mmbbl of natural gas liquid reserves. TFT Wet Gas conventional gas field reserves accounts 0.14% of total remaining reserves of producing conventional gas fields globally.


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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