Eni Makes 'Significant' Gas, Condensate Discovery Offshore Libya

Italy's Eni reported Monday that it has made a "significant discovery of gas and condensates" offshore Libya at the Bahr Essalam South exploration prospect in Area D, some 50 miles from the coast of the country.

The discovery was made through the B1-16/4 well, drilled at a water depth of 490 feet, which encountered gas and condensates of Eocene age in the Metlaoui Formation. During a production test the well produced 29 million cubic feet per day of natural gas and more than 600 barrels per day of condensate. Eni said that the well could deliver in excess of 50 million cubic feet of gas per day and 1,000 barrels per day in condensate in a production configuration.

The company said that the new field could be developed quickly due to its proximity to the already-producing Bahr Essalam field.

Eni also announced Monday that it has completed post-drilling studies on the Merakes-1 gas discovery, located in the Indonesian deep offshore East Sepinggan block. The studies indicate "significant upside gas potential", with gas estimated to be in place at Merakes increased from 1.3 trillion cubic feet to 2 tcf.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Petrofac Suspends Group Chief Operatin... (May 25)
 -  EnQuest On Track For Kraken First Oil ... (May 25)
 -  Energean Signs Lease Agreement for Exp... (May 25)
 -  Seadrill CEO Praises Workforce (May 24)
 -  Serinus Shuts-In Sabria Field Due to S... (May 23)


Most Popular Articles

From the Career Center
Jobs that may interest you
Equipment Operator - San Antonio
Expertise: Coil Tubing|Driller|Production Operator
Location: San Antonio, TX
 
Frac Supervisor - TX, ND, WY & OK
Expertise: WellSite Supervisor
Location: El Reno, 
 
United States Bossier City: Service Supervisor I - Frac/Acid
Expertise: Field Service Tech|WellSite Supervisor
Location: Bossier City, LA
 
search for more jobs

Brent Crude Oil : $51.46/BBL 4.63%
Light Crude Oil : $48.9/BBL 4.78%
Natural Gas : $3.18/MMBtu 0.90%
Updated in last 24 hours