Arabian Gulf Pounces on Oil at B1-NC4 Wildcat in Libya
Libyan National Oil Corp.
| Monday, August 31, 2009 | 7:46 AM EST
According to Libya's National Oil Corporation, its wholly owned Arabian Gulf Oil Company has drilled the B1-NC4 New Field Wildcat well to a total depth of 10,500 feet and has announced the discovery of oil.
The B1-NC4 well is located in the Ghadames Basin, onshore Libya, approximately 190 km south of Tripoli.
The initial production testing from Lower Akakus Formation established an oil flow as follows:
Well Name | Formation | Tested Interval (feet) | Net Pay (feet) | Choke Size (Inch) | Oil Rate (bopd) | Gas Rate (MMcfd) | Oil Gravity (API) |
B1-NC4 | Lower Acacus |
8748-8754 8775-8768 |
13 | 32/64 | 1887 | 0.6 | 41 |
Lower Acacus |
8515-8519 8531-8542 |
15 | 32/64 | 2125 | 0.76 | 40 | |
Mamouniyat | 10062-10082 | 20 | 32/65 | 600 cond. | 4.8 | 55 |
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