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GDF Suez announces natural gas discovery in the Illizi basin in southeast Algeria

GDF Suez SA on Thursday announced the discovery of natural gas in the Illizi basin in southeast Algeria. The Tihalatine Sud-1 (TIHS-1) well was drilled to a depth of 1,192 m in the Ordovician shale. A production test produced a gas flow from the Ordovician reservoir of 105,000 m3 per day.

GDF Suez holds 9.8% of the southeast Illizi permit along with Repsol (25.725%) and Enel SpA (13.475%), in partnership with SONATRACH, which holds the remaining 51%.
Appraisal work will be carried out by the consortium to assess the size of the discovery. The TIHS-1 is the first well drilled in the exploration program, which began July 2011 with the acquisition of 2D and 3D seismic data. The drilling program includes four additional wells.

The contract on the South East Illizi perimeter is the second project held by GDF Suez in Algeria, the first being the Touat gas permit obtained in 2002. Located in southwest Algeria and operated in partnership with SONATRACH, Touat is one of the largest exploration-production projects under development by GDF Suez.

11/08/2012

 

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