On Dec. 15, 2008, NOC announced that its partner the Arabian Gulf Oil Company (AGOCO) made a new oil and gas discovery at the wildcat well D1-NC7A, located in Libya's Ghadames Basin. The well is located approximately 500 kilometers south of Tripoli and 170 kilometers west of the Hamada oil field.
In the Lower Acacus sandstone formation with vertical depths ranging from 9,030 to 9,464, multipe tests showed oil flowing from a rate of 790 bopd to 1,251 bopd and gas flowing at a rate of 27.6 MMcf/d to 28.9 MMcf/d. All oil has measured 64.4 degrees API.
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