Project Profile
Location: north of the regional Telemzane arch, Ghadames Basin, west-central Tunisia
Reserves: 347 million stock tank barrels
Production: 630 boepd (April, 2017)
Start-up Year: 1998
The Sabria field, located in west-central Tunisia, is a mixed structural-stratigraphic feature north of the regional Telemzane arch in the prolific Ghadames Basin of central Tunisia and is east–west trending. While the Sabria field was discovered in 1979, only 6 wells have been drilled in to the field to date, 4 of which were drilled between 1979 and 1983. The Sabria field began producing in 1998, and as at December 31, 2013 had produced 4.54 million barrels. Current production is 648 barrels of oil equivalent per day of 42° API gravity oil and associated gas (291 boe/d Winstar Tunisia) from 4 wells. The P50 volumetrically derived estimate of Original Oil-in-Place (\'OOIP\') at Sabria is 347 million stock tank barrels (MMstb). Recovery to date from the Sabria field has been just over 1% of OOIP. Serinus, through Winstar Tunisia, owns a 45% working interest in the Sabria concession, which gives the Company the right to explore for and produce oil and natural gas from a 104 sq km area.
Operators:
Serinus Energy (through Winstar Tunisia): Operator with 45% interest
EntrepriseTunisienned\'ActivitésPétrolières (ETAP): 55% interest
Cotractors:
PergemineTunisie: contract for the use of a 2,000 horsepower IDECO-E2100 drilling rig
RPS Energy Canada: Reserves estimation studies. (December, 2012)