Algerian Oil Output Gets Berkine Boost

• Opec member Algeria has been struggling to maintain its oil output levels. Average crude production of 1.11mn b/d for 2016 was down 40,000 b/d on 2014 (though up a touch on 2015 - MEES, 6 January).

• The country’s upstream oil projects pipeline is almost bare: the 40,000 b/d oil phase of Eni’s ‘Central Area Field Complex’ (CAFC) is the only start-up expected this year.

• This has left Algeria reliant on enhanced oil recovery (EOR) at its mature fields to maintain output. Chief among these is the workhorse Hassi Messaoud field, which has been producing since 1960. But also in this category are the Hassi Berkine (HBNS) and Ourhoud fields. These have been producing since 1998 and 2002, respectively, and like CAFC are in the Berkine Basin in the east of the country. (CONTINUED - 379 WORDS)

DATA INSIDE THIS ARTICLE

chart Algeria: Output At Key Berkine Basin Oilfields Edges Up In 2016…
chart …4q16 Highest Since 1q 2009 Amid Record El Merk Output & Successful Eor At Ourhoud (‘000 B/D, Inc Ngls)