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ENERGY NEWS

 
     
 

New gas discovery in Algeria

Posted: 28 August 2008

StatoilHydro has tested dry gas in well TNK-2 (Tinerkouk 2) in the Hassi Mouina license area in Algeria.

The appraisal well was spudded on 5 June and the hydrocarbons were encountered in formations of Lower Carboniferous age. StatoilHydro and partner Sonatrach are pleased with the results of the well.

The recently completed TNK-2 well is the sixth positive well in the license drilled by StatoilHydro. The encouraging results from the six wells give valuable information on the resource potential of the permit.

StatoilHydro is currently drilling well TGN-1, an exploration well also situated in the southern part of the Hassi Mouina license.

StatoilHydro has a 75 per cent interest in Hassi Mouina. The partner Sonatrach has a 25 per cent interest.

 

 
     

 

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