New Oil Discovery in Murzuq Basin

Source: www.gulfoilandgas.com 10/31/2013, Location: Africa

NOC announces that Repsol, in partner with OMV and Total being the Second Party in an Exploration and Production Sharing Agreement with the NOC , reports that it has drilled A1-129/02 New Field Wildcat well in Murzuq Basin.

The well is located approximately 35 km east of the production facilities of El Sharara Oil Field and approximately 1,000 km South of Tripoli City.

The initial production testing established an oil flow as follows:
Mamuniyat formation
Interval (ft): 4,502 – 4,522
Choke Size (Inch): 32/64
Oil Rate: 513
Gas Rate: 0
Oil Gravity API: 39




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