Hassi Bir Rekaiz is a producing conventional oil field located onshore Algeria and is operated by Groupement Hassi Bir Rekaiz. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Hassi Bir Rekaiz (Block 443a, 424a, 415ext, 414ext). Buy the profile here.
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An expansion project is associated with the Hassi Bir Rekaiz, namely the Hassi Bir Rekaiz Phase 2. This project is currently in the approval stage, expected to start in 2028.
Field participation details
The field is owned by PTT Public and Sonatrach.
Production from Hassi Bir Rekaiz
The Hassi Bir Rekaiz conventional oil field recovered 2.62% of its total recoverable reserves, with peak production expected in 2029. Based on economic assumptions, production will continue until the field reaches its economic limit in 2053. The field currently accounts for approximately 1% of the country’s daily output.
About Groupement Hassi Bir Rekaiz
Groupement Hassi Bir Rekaiz, a subsidiary of Sonatrach SpA, is engaged in production and distribution of crude oil. The company is headquartered in Ben Aknoun, Algiers, Algeria.
For more details on the Hassi Bir Rekaiz Conventional Oil Field, buy the profile here.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
