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.
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.