Libya Confirms Major Oil Discovery in Sirte Basin – The North Africa Post

Libya Confirms Major Oil Discovery in Sirte Basin – The North Africa Post

Libya’s National Oil Corporation (NOC) has announced a significant new oil discovery in the Sirte Basin, located in central Libya. The find was made by the Austrian energy company OMV through its Libyan branch, marking the firm’s first exploration activity in the region. According to the NOC’s statement released on Wednesday, October 29, preliminary tests […]

Libya Confirms New Oil & Gas Discovery in Sirte Basin

The National Oil Corporation (NOC) has announced a new oil discovery by OMV Exploration GmbH, Libya Branch, in the Sirte Basin. The discovery was made in Block 106/4 at well B1, marking the company’s first successful exploration in the area. According to NOC, production tests showed that the exploratory well, drilled to a depth of 10,476 feet, achieved an oil flow rate exceeding 4,200 barrels per day. In addition, gas production rates reached mo…

NOC announces new oil discovery in Sirte Basin by Austria’s OMV – with test production of over 4,200 bpd and over 2.6 million cubic feet of gas per day

The National Oil Corporation (NOC) announced today a new oil discovery made by OMV Austria Ltd. – Libya Branch in the Sirte Basin – in Block 106/4, at well B1. According to production tests, this exploratory well, which reaches a depth of 10,476 feet, produced an average daily production rate of over 4,200 barrels of […] The post NOC announces new oil discovery in Sirte Basin by Austria’s OMV – with test production of over 4,200 bpd and over 2.6…