Eric Watkins
Oil Diplomacy Editor
LOS ANGELES, Oct. 1 -- Libya's state-owned National Oil Co. said RWE Dea has made its eighth oil discovery in the NC-193 concession area in the Sirte basin with exploration well G1-NC 193.
According to RWE, well G1-NC 193 encountered oil in the Upper Satal Formation at a depth of 4631-4661 ft. RWE said the wildcat tested 33.8° oil at a net rate of 426 b/d through a 32/64 choke.
Last month, RWE Dea scored its sixth and seventh oil discoveries in the NC-193 concession.
The E1-NC193 well struck oil at a depth of 1,470 m, flowing 704 b/d during testing from the Dahra formation, while the F1-NC193 flowed 439 b/d from the Upper Dahra formation after hitting 1,346 m TD.
NOC has a 68% stake in the NC-193 concession project, while operator RWE holds the remaining 32%.
Contact Eric Watkins at [email protected].
