Sirte Oil Hits Oil and Gas

Monday, August 12, 2013

Sirte Oil Co., another NOC subsidiary, saw new discoveries recently in the Sirte Basin in Libya.

The 4Z1- 6, a New Field Wildcat in located approximately 4 km south east of the Nasser oil field was drilled to a total depth 7,990 ft and encountered hydrocarbons in Harash Formation. The initial production test on the 4Z1-6 well from the Harash Formation established oil flow by gas lift at a rate of 1,700 bpd of oil and 963 Mcf/d of gas.

Sirte’s second well, the 5B1- 6 a New Field Wildcat, was drilled to a total depth 8,400 ft and encountered hydrocarbons in Zelten Porosity Formation. The 5B1-6 well tested at an initial rate of 434 bpd of oil and 149 Mcf/d of gas. 

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