RWE-Dea Makes Sirte Basin Oil Discovery

RWE dea has made a new oil discovery in Area 195 at Sirte Basin (700 km east of Tripoli, 150 km south-west of Ras Lanuf) under an EPSA 3 Agreement entered into with the National Oil Corporation.

This discovery was made at the exploration well (A1-NC 195), The total production reached 1981 barrels per day at a choke of 64/32 inches from the Dahra formation at a depth of 1353 meters and from Beda formation at a depth of 1457 meters, and The discovered crude gravity is around 47.8 degrees API.

Under the above-mentioned EPSA Agreement, The share of NOC is 68% while the share of RWE is 32%.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
GIS Developer
Expertise: IT - Software Development|Software Specialist
Location: Lafayette, LA
 
Specialist* Credit & Collections Job
Expertise: Accounting|Asset Management
Location: Eau Claire, WI
 
Geoscientist / Engineer
Expertise: Environmental Engineer|Geoscientist
Location: Somerset, NJ
 
search for more jobs

Brent Crude Oil : $50.75/BBL 0.09%
Light Crude Oil : $47.73/BBL 0.50%
Natural Gas : $3.05/MMBtu 0.97%
Updated in last 24 hours