<p>Eni and Sonatrach have announced a significant oil and associated gas discovery in the Zemlet el Arbi concession, located in the Berkine North Basin in the Algerian desert. The concession is operated by a joint venture between Eni (49%), and Sonatrach (51%). Preliminary estimates of the size of the discovery are around 140 million barrels of oil in place.</p><p>The exploratory well that led to the discovery has been drilled on the HDLE exploration prospect, located about 15 Km from the processing facilities of Bir Rebaa North field. HDLE-1 discovered light oil in the Triassic sandstones of Tagi Formation, confirming 26 m of net pay with excellent petrophysical characteristics. During the production test, the well delivered 7000 barrels of oil per day and 5 mmscfd of associated gas. The HDLE-1 well is the first well of the new exploration campaign which will include the drilling of 5 wells in the Berkine North Basin.</p><p>The discovery will be quickly appraised with the drilling of a second well, HDLE-2, in April 2022 to confirm the additional potential of the structure extending in the adjacent Sif Fatima 2 concession operated by an Eni-Sonatrach JV (50-50%).</p><p>In parallel with the appraisal program, Eni and Sonatrach will perform studies and analyses to accelerate the production phase of the new discovery through a fast-tracked development with start-up foreseen in Q3 2022.</p><p>With this discovery, Eni and Sonatrach continue to successfully pursue their near field and infrastructure-led exploration strategy allowing a rapid valorisation of these new resources.</p>
<p>Eni and Sonatrach have announced a significant oil and associated gas discovery in the Zemlet el Arbi concession, located in the Berkine North Basin in the Algerian desert. The concession is operated by a joint venture between Eni (49%), and Sonatrach (51%). Preliminary estimates of the size of the discovery are around 140 million barrels of oil in place.</p><p>The exploratory well that led to the discovery has been drilled on the HDLE exploration prospect, located about 15 Km from the processing facilities of Bir Rebaa North field. HDLE-1 discovered light oil in the Triassic sandstones of Tagi Formation, confirming 26 m of net pay with excellent petrophysical characteristics. During the production test, the well delivered 7000 barrels of oil per day and 5 mmscfd of associated gas. The HDLE-1 well is the first well of the new exploration campaign which will include the drilling of 5 wells in the Berkine North Basin.</p><p>The discovery will be quickly appraised with the drilling of a second well, HDLE-2, in April 2022 to confirm the additional potential of the structure extending in the adjacent Sif Fatima 2 concession operated by an Eni-Sonatrach JV (50-50%).</p><p>In parallel with the appraisal program, Eni and Sonatrach will perform studies and analyses to accelerate the production phase of the new discovery through a fast-tracked development with start-up foreseen in Q3 2022.</p><p>With this discovery, Eni and Sonatrach continue to successfully pursue their near field and infrastructure-led exploration strategy allowing a rapid valorisation of these new resources.</p>
