ANNOUNCEMENT OF GAS DISCOVERY IN GHADAMES BASIN
4/10/2014

National Oil Corporation (NOC)  announce that Sonatrach (SIPEX) Libya (Operator), Oil India, and Indian Oil being partners in an Exploration and Sharing agreement in area 95/96 signed in May 2008, report initial information concerning the exploration (New Field Wildcat) well C1-96/01 drilled in contract area 95/96 in Ghadames Basin. The well is located approximately 650 km Southwest of Tripoli and 70 km South of El-Wafa Field.

The initial production test result from the Tadrart, Ouan Kasa & Awaynat Wanin Formations is as follow:

 

Formation
Tested Interval
(feet)
Choke Size
(Inch)
Gas Rate
(MM CF/d)
Condensate
BBL/day
WHP
(PSI)
Tadrart
6,250 - 6,355
32/64
8
114
1,455
Ouan Kasa
6,110 - 6,153
32/64
9
198
1,771
Awaynat Wanin
5,704 – 5,921
32/64
5
160
1,070

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    The C1-96/01 well is the fourth discovery well in this contract area drilled by the company.