Tag Archives | oil discovery

New Gas and Condensates Discovery Offshore Libya

Eni has made a new discovery of gas and condensates offshore Libya in the ‘Gamma Prospect‘, in the Contract Area D, 140 km offshore from Tripoli, in Libya. The discovery, made through the well B1 16/3, is located 15km south west of the Bouri field and 5km north of the Bahr Essalam field. The drilling […]

New Gas and Condensates Discovery

Eni has made a new discovery of gas and condensates offshore Libya, in the Bouri North exploration prospect in Area D, 140 kilometers from the coast and 20 kilometers north of the production field of Bouri. The discovery was made through the A1-1/1 well, drilled at a water depth of 125 meters, which encountered gas […]

Medco Energi Discovers Oil and Gas

Indonesia's PT Medco Energi Internasional Tbk, through its subsidiaries PT Medco E&P Indonesia (Medco E&P) and Medco International Venture Limited (MIVL), reported on Monday that it has successfully explored and discovered additional oil and gas at the O2 well in Area 47, Libya. The O2 well was spudded on 23rd May and drilled to a […]

New Oil Discovery in Sirte Basin

The Arabian Gulf Oil Company (AGOCO), fully owned by the National Oil Corporation (NOC), has drilled the FF2-47 well to a total depth of 7270 feet and tested oil from the Lidam Formation. The well is located in Sirte Basin approximately 80 km south west of Marada Town. The initial production test flow rates from the […]

New Discovery in Ghadames Basin

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 […]

OMV's 1st Oil Find in Libya since Revolution

Austria's OMV and its partners have discovered oil in Libya. The successful exploration has been made in the Murzuq Basin, 800 km south of the capital Tripoli. Jaap Huijskes (pictured), OMV Executive Board Member responsible for Exploration and Production: "This discovery in Libya confirms the potential of the country for OMV’s upstream activities." Repsol, the […]

Sirte Oil Announces New Oil Find

Sirte Oil Company, which is wholly owned by the National Oil Corporation (NOC), has announced a new oil discovery. Exploration well 4Z1-6, drilled to a total depth of 7,990 feet in the Sirt Basin, located approximately 4 km south east of the Nasser oil field (Zelten station), encountered hydrocarbons in the Harash Formation. Well 5B1-6, drilled […]

More Details on Ghadhames Oil Find

The National Oil Corporation (NOC) has issued more information on the oil find announced last week. The find was made at well A1-96/01, in contract area 95/96 in the Ghadames Basin. The well is located approximately 360 km southwest of Tripoli and 70 km south of the El-Wafa field. Partners in the project are Sonatrach […]