Anadarko's Algerian Field Onstream Early

Anadarko Petroleum Corporation, Agip (Algeria) and Maersk Olie Algeriet AS announced start-up of production from the Hassi Berkine oil field in Blocks 404 and 403 in Algeria's Sahara Desert, nearly two months ahead of the contracted development schedule.

The field has a production capacity of 75,000 barrels of oil per day, which will be processed through the third production train of the central processing facilityat the nearby Hassi Berkine South complex. A gathering system, injection lines, crude oil storage and export facilities have also been installed as part of the facility expansion. The HBN field is located across Block 403, operated by Sonatrach, and Agip (Algeria), and Block 404, operated by the Sonatrach and Anadarko Association. The field is unitized between the two associations, with Anadarko maintaining a 74.5 percent stake, while Agip holds the remaining interest.

"Algeria represents a growing portion of Anadarko's global production over the next two years, as gross production capacity expands to more than 500,000 barrels per day," said John Seitz, Anadarko President and Chief Executive Officer. "As a result of the excellent technical expertise of those involved and the commitment and effectiveness of the working relationships between Sonatrach, Anadarko and its partners, this project has been completed ahead of the contracted completion date - a significant achievement."

Sonatrach, Anadarko and its partners Agip (Algeria), a wholly owned subsidiary of Italy's ENI, and Maersk Olie Algeriet AS, a wholly owned subsidiary of Maersk Olie Og Gas AS, completed the first train of the CPF in May 1998 and the second in September 2001. The fourth 75,000 barrel-per-day train, currently under construction at the HBNS complex, will process production from the Block 404 "satellite" fields - HBNSE, BKNE, RBK, QBN and BKE. First production from this fourth unit is expected in August 2002, increasing total oil production capacity through the CPF from 210,000 barrels per day to more than 285,000 barrels per day.