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The AAPG/Datapages Combined Publications Database
CSPG Bulletin
Abstract
"Opportunities for Oil Exploration in Tunisia [Abstract]"
ABSTRACT
An outline of the petroleum geology of Tunisia is introduced in order to promote oil and gas exploration in that country and to make potential investors aware of exploration opportunities. The Tunisian chronostratigraphic chart and tectonic structural map are presented here in order to illustrate the effect of tectonic deformation on the sedimentary deposits. A summary of the main producing oil fields in Tunisia, along with the different components that led to the discoveries (source rock, reservoir, seals, etc.) is also presented.
Tunisia has an interesting oil history. Four hundred exploratory wells have been drilled and 100 km of seismic data have been recorded up to now. We are convinced that interesting opportunities exist for new investors. Sixteen national and international companies are actually involved at present in hydrocarbon operations, but 31 open blocks are still unexplored or only partly investigated. We believe that technological developments in oil prospecting will lead to new discoveries.
Moreover, the laws governing hydrocarbon exploration and production were revised in 1985 and 1987, and today offer advantages such as:
- year-long geological licences
- five-year exploration permits with renewal rights and extension options
- a system whereby new exploration costs can be offset against the production profits from another concession
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ACKNOWLEDGMENTS AND ASSOCIATED FOOTNOTES
1 Enterprise Tunisienned' Activities Petrolieres, Tunis, Tunisia
Copyright © 2003 by The Society of Canadian Petroleum Geologists. All Rights Reserved.