Tag Archives | oil find

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 […]

AGOCO makes New Oil Find

By John Lee. According to Libya Herald, the Arabian Gulf Oil Company (AGOCO) is reported to have made a new oil find to the south-west of Maradah. The discovery is in Block 47, also referred to as “FF2-147”. The company says that the well tested with an initial flow of 1,892 bpd. (Source: Libya Herald)

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 […]

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 […]

New Oil Discovery in Ghadames Basin

The Libyan National Oil Corporation (NOC), along with Algerian state-owned Sonatrach, have made an oil and natural gas discovery in the Ghadames Basin, about 370 miles southwest of Tripoli. The discovery consists of one oil field with a capacity of 8,200 barrels per day (bpd), and a gas deposit with a capacity of 1,700 cubic meters […]