You are here

Indian companies strike gas in Libya’s Ghadames Basin

03rd January 2014

Quartet including Indian Oil and Oil India announces gas discovery at B1-96-01 exploration well in the Ghadames Basin

Indian companies strike gas in Libya’s Ghadames basin
The exploration well is located approximately 650 km southwest of Tripoli and 70 km south of the El-wafa field

A consortium of Libya’s state-run National Oil Corporation (NOC), Indian Oil, Oil India and Algeria’s Sonatrach (operator) has discovered gas at the B1-96-01 exploration well in the Ghadames Basin, NOC announced in a written statement on Friday, as part of efforts to ramp up oil and gas production in the country.

 

The exploration well is located approximately 650 km southwest of Tripoli and 70 km south of the El-wafa field. An initial production test showed the well flowed at a rate of 12 million cubic feet per day of gas in the Tadrart formation, 9 MMcf per day of gas in the Awaynat Wanin formation and at 8 MMcf per day of gas in the Tahara formation.

 

Oil India, along with Indian Oil and Sonatrach signed in May 2008 an exploration and production sharing agreement with NOC. The agreement covered four exploration blocks in area 95/96 of the Ghadames Basin, including blocks 2/1, 2 and 4.

 

The B1-96/01 well is the third discovery well drilled in the contract area by operator Sonatrach.