El Borma is the largest field discovered in Tunisia. It is located in the Sahara Desert in southern Tunisia and straddles the Tunisian Algerian border. The field was discovered in 1964 and began producing in 1966. However the field is now in long term decline. A 25 year licence extention was granted to 2043. The operation had planned to increase production and extend the field's life through near field exploration and EOR techniques. We assume that these plans will be postponed due to the low oil price.