Continental Focus, International Reach

Libya Sees Wildcat Hit

Monday, March 31, 2014

Libya recently saw a discovery made in the Ghadames Basin. The discovery was made by NOC unit Arabian Gulf Oil Co.

On its website NOC reported that the G1-NC4 new field wildcat well was drilled to a total depth of 10,600 ft, discovering oil in the Lower Akakus and gas/condensate in the Mamouniyat formations.

The G1-NC4 tested at rates for 1,226 bpd of oil in the Lower Akakus at an interval between 8,291 and 8,314 ft. The Mamouniyat formation tested gas at a rate of 3 Mmcf/d and 129 bpd of condensate from an interval between 10,207 and 10,230 ft.

 


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