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 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)

One Response to New Discovery in Ghadames Basin

  1. Euberto C. Licayan March 5, 2014 at 5:14 am #

    Working for Unity, must be the slogan of the people everywhere in Libya, who suffer from past conflict, to do a lot to render fruitful effort for reconstruction. What we need is to contribute an accelerated movement along with and into the circle of those who consciously offer themselves to speed with current development issues as priority.

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