RWE Dea finds oil in Libya with Sirte basin well

Oct. 17, 2007
RWE Dea RG has tested 393 b/d of oil from its C1-NC193 exploration well in the Sirte basin onshore Libya.

Uchenna Izundu
International Editor

LONDON, Oct. 17 -- RWE Dea RG has tested 393 b/d of oil from its C1-NC193 exploration well in the Sirte basin in Libya.

Oil flowed from the Hon formation at 878 m through a 32/64-in. choke. RWE Dea used Adwoc Rig 2 to drill the well. This is the company's fourth discovery in the Sirte basin.

RWE Dea's acreage covers 30,000 sq km over six areas held under exploration and production sharing contracts. It will continue drilling other promising hydrocarbon prospects in areas NC194, NC195, and NC197 and will appraise other discoveries in NC193 and NC195.

RWE Dea is the operator with a 100% participation interest in the licenses.

Contact Uchenna Izundu at [email protected].