Hassi Messaoud Oil Field
Hassi Messaoud Oil Field is an oil field located in Ouargla Province. It was discovered in 1956 by S.N. REPAL and developed by Sonatrach. The oil field is operated and owned by Sonatrach. The total proven reserves Proven reserves (also called measured reserves, 1P, and reserves) is a measure of fossil fuel energy reserves, such as oil reserves, natural gas reserves, and coal reserves. It is defined as the " antity of energy sources estimated with reasona ... of the Hassi Messaoud oil field are around 6.4 billion barrels (870×106tonnes), and production is centered on . References {{coord missing, Algeria Oil fields in Algeria ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Algeria
) , image_map = Algeria (centered orthographic projection).svg , map_caption = , image_map2 = , capital = Algiers , coordinates = , largest_city = capital , religion = , official_languages = , languages_type = Other languages , languages = Algerian Arabic (Darja) French , ethnic_groups = , demonym = Algerian , government_type = Unitary semi-presidential republic , leader_title1 = President , leader_name1 = Abdelmadjid Tebboune , leader_title2 = Prime Minister , leader_name2 = Aymen Benabderrahmane , leader_title3 = Council President , leader_name3 = Salah Goudjil , leader_title4 = Assembly President , leader_name4 = Ibrahim Boughali , legislature = Parliament , upper_house = Council of the Nation , lower_house ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ouargla Province
Ouargla or Warqla ( ar, ولاية ورقلة) is a province (''wilaya'') in eastern Algeria. Its capital is Ouargla. Other localities include Hassi Ben Abdellah and Hassi Messaoud. It contains the Issaouane Erg desert. History In the past Ouargla was the center of trading of gold and slaves, as well as being an important center of Ibadi Islam. However, the Ibadis have left for the M'zab valley. In 1984 Illizi Province was carved out of its territory. In 2019, Touggourt Province was carved out of its territory. Administrative divisions The province is divided into 6 districts (''daïras''), which are further divided into 10 ''communes'' or municipalities. Districts Geology The region lies within the Algerian Triassic Sedimentary basin containing numerous oil and gas fields, including the Alrar gas field.Hamouda, A., 1980, Petroleum Potential-Ourgla Region Triassic Basin, Algeria, in Giant Oil and Gas Fields of the Decade: 1968-1978, AAPG Memoir 30, Halbouty, M.T., editor ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sonatrach
Sonatrach ( ar, سوناطراك; french: Société Nationale pour la Recherche, la Production, le Transport, la Transformation, et la Commercialisation des Hydrocarbures) is the national state-owned oil company of Algeria. Founded in 1963, it is known today to be the largest company in Africa with 154 subsidiaries, and often referred as the first African oil "major". In 2021, Sonatrach was the seventh largest gas company in the world. Overview Sonatrach is the 12th largest oil consortium in the world, with 154 subsidiaries operating over the entire oil value-chain from upstream, to midstream, and downstream activities. In 2002, its gross sales was 1,530 billion Algerian dinars for a net income of 175 billion. With approximately 120,000 workers, the company produced 30% of the GNP of Algeria. Annually it produced 206 million Tonne of Oil equivalent (ToE), including 24 million ToE, or 11.7% of total, for the Algerian domestic market. In 2021, the company's export revenues had ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Oil Field
A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the presence of high heat and pressure in the Earth's crust. Petroleum reservoirs are broadly classified as ''conventional'' and '' unconventional'' reservoirs. In conventional reservoirs, the naturally occurring hydrocarbons, such as crude oil or natural gas, are trapped by overlying rock formations with lower permeability, while in unconventional reservoirs, the rocks have high porosity and low permeability, which keeps the hydrocarbons trapped in place, therefore not requiring a cap rock. Reservoirs are found using hydrocarbon exploration methods. Oil field An oil field is an area of accumulation of liquid oil underground in multiple (potentially linked) reservoirs, trapped as it rises by impermeable rock formations. In industrial terms, an o ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Proven Reserves
Proven reserves (also called measured reserves, 1P, and reserves) is a measure of fossil fuel energy reserves, such as oil reserves, natural gas reserves, and coal reserves. It is defined as the " antity of energy sources estimated with reasonable certainty, from the analysis of geologic and engineering data, to be recoverable from well established or known reservoirs with the existing equipment and under the existing operating conditions." A reserve is considered proven if it is probable that at least 90% of the resource is recoverable by economically profitable means. Operating conditions are taken into account when determining if a reserve is classified as proven. Operating conditions include operational break-even price, regulatory and contractual approvals, without which the reserve cannot be classified as proven. Price changes therefore can have a large impact on the classification of proven reserves. Regulatory and contractual conditions may change, and also affect the am ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |