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EXPLORATION ET PRODUCTION
INCREASE OUR RESERVES AND PRODUCTION CAPACITY
Exploration & Production: Where the value chain begins
The E&P Activity occupies a central place in SONATRACH’s core businesses and covers prospection, research, exploration , development and exploitation operations of oil & gas deposits.
This Activity is carried out by SONATRACH alone or in partnership, in compliance with the law governing the hydrocarbon activities and other legal provisions.The Algerian mining domain—where SONATRACH’s Exploration and Production activities are primarily concentrated—covers 1.5 million km², still largely under explored , offering a potential of resources both conventional, non conventional and offshore.
Two major objectives are assigned to Exploration-Production Activity:
Research and development of new projects on the national territory and abroad.
01
The development and exploitation of deposits for an optimal valorization of resources
02
Ever increasing Investments
In a global outlook marked by the volatility of hydrocarbon prices and a sustained demand , both on the national and international level, SONATRACH pays the greatest interest to the development of its Exploration-Production Activity (EP)
The company continues to allocate a significant part of its annual investment budget to hydrocarbon research, development, exploitation and production .
To ensure the renewal of its resources and increase the number of new discoveries , SONATRACH has set itself the objective to drill 100 wells per year.
As part of its growth strategy, SONATRACH targets to double its yearly volume of discoveries.