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 to a total depth of 8,400 feet in the Sirt Basin, located approximately 2 km north east of Nasser oil field (Zelten station), encountered hydrocarbons in the Zelten Porosity Formation.

The initial production test of the well 4Z1-6, from the Harash Formation, established an oil flow by gas lift as follows:

ScreenHunter_06 Jul. 17 16.30

The initial production test of the well 5B1- 6, from Zelten Porosity Formation, established an oil flow as follows:

ScreenHunter_07 Jul. 17 16.31

(Source: NOC)

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