Exploration and Production/Development
By the end of 2018, Repsol had purchased mineral rights to 7 blocks in Algeria: 1 exploration block, with net surface of 595 Km2 and 6 production/development, with a net surface area of 1,039 Km2.
Net production in 2018 was 3.1 Mbbl of liquids and 26.3 Bcf of natural gas, with a total net production equivalent 7.8 Mboe (21,415 boe/d). The estimated net proven reserves for liquids and natural gas at the end of the year were 45.4 Mboe.
Repsol and Total have reached an agreement with Sonatrach, an Algerian SOE, to extend the license on the Tin Fouye Tabankort (TFT) gas field in the Illizi basin for another 25 years.
of mineral rights
equivalent per day