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December 3, 2021updated 27 Apr 2022 12:36pm

Tin Fouye Tabankort (TFT) Conventional Oil Field, Algeria

By Carmen

Tin Fouye Tabankort (TFT) is a producing conventional oil field located onshore Algeria and is operated by Groupement TFT. The field is located in block Tin Fouye Tabankort (TFT).

Field participation details

The field is owned by TotalEnergies and Sonatrach.


Production from Tin Fouye Tabankort (TFT)

The Tin Fouye Tabankort (TFT) conventional oil field recovered 84.25% of its total recoverable reserves, with peak production in 1976. The peak production was approximately 122.05 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2059. The field currently accounts for approximately 2% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 231.67 Mmboe, comprised of 231.67 Mmbbl of crude oil & condensate. Tin Fouye Tabankort (TFT) conventional oil field reserves accounts 0.05% of total remaining reserves of producing conventional oil fields globally.


Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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