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Home Oil & Gas

New Discovery in Ghadames Basin

24th February 2014
in Oil & Gas
New Discovery in Ghadames Basin
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The National Oil Corporation (NOC) has announced that the Arabian Gulf Oil Company (AGOCO), wholly owned by NOC , reports that it has drilled the G1-NC4 New Field Wildcat well to a total depth of 10,600 feet.

The well is in Ghadames Basin located approximately 250 km south of Tripoli.

The initial production testing rates from Lower Akakus and Mamouniyat Formations established are as follows:

ScreenHunter_373 Feb. 24 13.54

(Source: National Oil Corporation)

(Pictured: Nuri Berruien [Nuri Balrwin], National Oil Corp (NOC). Photo Credit: Marcopolis)

Tags: Arabian Gulf Oil Company (AGOCO)G1-NC4gas discoveryGhadames BasinNational Oil Corporation (NOC)oil discovery

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