6 November 2009
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Tunis — The Us energy Company, Pioneer has announced that its daily production in Tunisia has increased by 13% to average 7,000 Barrels of Oil Equivalents Per Day (MBOEPD) during the first nine months of 2009 compared to the same period in 2008.
According to the Tunisian business site "African Manager", it is expected during the fourth quarter of 2009 production will reach 6,000 Barrels of Oil Equivalents Per Day (MBOEPD).
The company is currently participating in the drilling of two wells under the Adam permit, during the fourth quarter of 2009.
Pioneer has successfully explored in the "Adam", "Cherouq", "Borj El Khadra" and "Anaguid" blocks. Oil production from these blocks continues to grow as new discoveries are connected to existing infrastructure.
According to 2007 figures, Tunisia's oil production reached 6, 7 million tons per year. In 2004 it represented 3, 4 million tons. This increase is due to findings of oil reserves in the south of the country, as well as offshore. Tunisia's south ensures most of the country's production.
In 2005, the region of Ghedames produced a number of small deposits such as those of "Dalia", "Nour", "Hawa" and "Adam" which totaled a production of some 70,000 barrels per day.
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