The Sonatrach group intends to increase production at the oilfields in the Touggourt region from the current 45,000 barrels/day to 80,000 barrels/day by 2026, the group's CEO Toufik Hakkar announced Thursday.
Inspecting several development projects in Touggourt, Hakkar told the press that the production capacity of the region's perimeter, which is increasing thanks to the continuous drilling of wells
since 2016, has risen from 5,000 to 45,000 barrels/day currently and is expected to reach over 60,000 barrels/day in 2023 and 80,000 barrels/day by 2026.
These projects were carried out by Sonatrach's subsidiaries, notably the Algerian Company for the realisation of industrial projects (SARPI), the National Company for Major Oil Works (ENGTP) and the National Company for Civil Engineering and Construction (GCB), said Mr Hakkar.
According to the presentation by Sonatrach's CEO, 40 wells are operated through the Touggourt infrastructure and 22 additional wells will be connected with all their facilities and the supply of remote control devices to reach the targeted production capacity of 80,000 barrels/day.
In addition, Mr. Hakkar insisted on the importance of recovering associated gas at the level of production points, recalling the "considerable" investments of Sonatrach in this field "to preserve the environment and enhance the value of gas intended for the national market or for export, especially in the context of the significant rise in prices worldwide.
The CEO of Sonatrach inspected during this visit the work of the "Bir Sebaa" group within the framework of the partnership between Sonatrach and two Vietnamese and Thai companies, with the processing of 16,500 barrels/day.
During his visit to the facility, Mr. Hakkar said that Sonatrach aims to increase the production capacity of the "Bir Sebaa" cluster to nearly 40,000 barrels.