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State-owned Sonatrach Company of Algeria, one of the world’s largest oil firms, has announced six new oil discoveries in various parts of the North African Arab nation.
In a statement published by Elkhabar and other Algerian newspapers on Tuesday, Sonatrach said the new discoveries were made in the first quarter of 2023.
Two discoveries were made in Amguid in East-Central Algeria, with the first well yielding around 5,599 barrels per day (bpd) of crude oil and over 170,000 cubic metres (m3) of gas per day, it said.
The second well produces 4,856 bpd of oil and more than 255,000 m3 of gas, the Company said.
Two other wells were discovered in Berkine in South Algeria, with output of 129,048 m3 of gas and 239 bpd of condensates in the first well, according to the statement, which said the second well pumped 1,905 bpd of crude and 137,484 m3 of gas.
Other discoveries were achieved in Ohanet in the Southwest, with gas production of more than 336,000 m3 of gas and 1,504 bpd of condensates.
(Writing by Nadim Kawach; Editing by Anoop Menon)
