The Gourara Basin covers over 260,000 square kilometres of desert terrain in central Algeria. Exploration in this gas-prone basin dates back to the 1950s. Since then, a large number of primarily gas fields have been discovered in reservoirs of Silurian to Devonian age in the Paleozoic Gas play, the key play in the basin. To date 3.4 bnboe of resources have been found. However, explorers in the Algerian Gourara Basin will struggle to create value due to harsh fiscal terms and a challenging operating environment. The new Algerian Hydrocarbon law of 2013 included fiscal reforms and tax breaks aimed at invigorating exploration. However, it also added fiscal complexity, with taxes and royalties varying according to location, rate of production, plateau production rate, capital spend and profitability. Therefore, project economics will be variable and require a case-by-case analysis. Full details are available to download in excel and pdf format.