Infignos Media -- buyersUSA Consulting
NOW PLAYING
15 Radio Streams
Click Here
buyersUSA Consulting
Advertise Here

From Energy - Mining / Metals

Brought to you by Oxford Lumber

Neighborhood service and warehouse prices since 1958. We're also proud to own and operate Roanoke Ace Home Center, Talladega Ace Home Center and Jacksonville Home Center. Oxford Lumber is located at 1400 Barry Street. Call 256-831-0540

Bladder Control

Repsol makes a gas discovery in Algeria

Thu, 8 Nov 2012 11:54:34 EST

* The find in the Tihalatine South-1 (TIHS-1) well is the first in the Sud-Est Illizi block in the current exploration campaign.
* Repsol (25.725%) is the operator of the consortium which has made the discovery, partnered by Enel SpA (13.475%) and GDF Suez (9.8%). The remaining 51% is held by Sonatrach, the Algerian State Company.
* In Algeria, Repsol is participating in two producing projects (Issaouane and Tin-Fouye Tabankort), one development project (Reggane Nord) and in exploration (SE Illizi).


Repsol has made a gas discovery in the Illizi basin, in the south east of Algeria. The find in the Tihalatine South-1 well (TIHS-1) is the first made in the Sud-Est Illizi block in the current exploration campaign.

The consortium led by Repsol won the Sud-Est Illizi block in 2010. Repsol is the operator of the consortium, with a 25.725% stake, partnered by Enel SpA (13.475%) and GDF Suez (9.8%). The remaining 51% is held by Sonatrach.

The discovery was made at a depth of 1,073 metres and preliminary testing produced gas flows of 105,000 m³/day. The joint venture will drill four more wells as part of its exploratory program in the area.

Repsol in Algeria

Repsol has been present in Algeria since 1973. Since 2008, Repsol has a permanent office in Algiers to support its growing activity in that country and strengthen the company's links with government authorities and institutions as well as with partner Sonatrach. Repsol has progressively increased its presence in Algeria through active participation in successive bidding rounds that have taken place in recent years.

Currently, Repsol is involved in two producing projects (Issaouane and Tin Fouye Tabankort), a development project (North Reggane) and an exploratory project (Sud Est Illizi) awarded in 2010.

Repsol currently produces around 50,000 barrels of oil equivalent per day in the North of Africa.


Source: WebWire



From Our Blogs

Three Simple Ways to Trim Monthly Expenses

You can devote more toward the things you want, as well as save more for the future.

Time and Money-Saving Holiday Gift Ideas

The savings experts at Dollar General have a few gift ideas that are easy and fun to get you in the

Delight the Five Senses this Holiday Season

Turn your gifts, celebrations and home décor into a festive feast for the five senses.

Super Simple Tips to Manage and Help Prevent Diabetes

It’s no surprise that diabetes is a leading cause of death in the United States.


Sign up for our weekly newsletter.

Our Website Sponsors

Batteries Unlimited

Your local source for just about every battery you can imagine. Call us first at 256-238-9005.

Doc's Furniture

Good used furniture,antiques & collectibles. Located on the corner of Hwy 202 & 300 1st Ave. W. (Anniston) Open Mon-Sat 9-5. Call 256-310-8223

Sunny King Ford

We offer new Ford cars, trucks, SUVs and crossovers online at www.sunnykingford.com. Call 256-831-5300.

Valley Heating and Cooling

It's hard to stop a Trane. Your local heating and cooling company. Located in Saks at 521 Post Oak Road. Call us at 256-820-3369.

Sunny King Toyota

Sunny King Toyota has received almost as many accolades as our Toyotas,including more than 25 prestigious industry awards from Toyota and Southeast Toyota. Stop by to see how all of this can benefit you! 2570 US Hwy 78 E, Anniston.1-800-365-3001