21 October 2025
21 October 2025
The exploration well, drilled under PEL85, has encountered 26m of net pay in gas condensate-bearing reservoirs.
This move aligns with the EU's REPowerEU road map, which aims to strengthen its energy independence and security by reducing Russian energy imports.
The project is part of a consortium with Italy’s Arkad, working for the Hassi Bir Rkaiz JV between Sonatrach and PTTEP.
The Viura-1B well, operated by HEYCO Energía Iberia, restarted and gradually increased output to 120,000m³ per day.
This decision allows the company to delay full commercial operations and sell LNG on the spot market at potentially higher prices.
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