Tag Archives | Lidam

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 […]