RWE Dea makes another oil strike in Libya

Germany's RWE Dea AG has made its second oil discovery in the Sirte basin in Libya.

By OGJ editors
HOUSTON, Apr. 3 -- Germany's RWE Dea AG has made its second oil discovery in the Sirte basin in Libya.

The B1-NC193 exploration well, drilled with Arab Drilling & Workover Co. Adwoc Rig 2, encountered two oil-bearing reservoirs of Paleocene age. On test the well flowed 933 b/d of oil from the Upper Satal formation at 1,115 m and the Dahra formation at 905 m. Flow was restricted by a 32/64-in. choke.

RWE Dea said further appraisal work is required to delineate the field and determine commerciality.

The third well in the NC193 concession—C1-NC193—is due to spud this month, and the drilling rig is being moved to location.

RWE Dea, which previously completed an extensive seismic program consisting of 2,400 sq km of 3D data and 3,000 km of 2D data, said it plans to boost drilling in the basin over the upcoming months.

The company intends to use three drilling rigs to drill at least eight exploration wells in the NC193, NC194, NC195, NC197, and NC198 concessions.

RWE Dea is the sole interest owner of six concessions covering 30,000 sq km in the Sirte basin, which were awarded by the Libyan authorities in May 2003.

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