Following three oil discoveries in Concession NC193 and one in Concession NC195 since late 2006, a second discovery in NC195 further strengthens RWE Dea’s position in Libya.
The exploration well B1-NC195 drilled by the rig NWD11 encountered gas/condensate in the Dahra Formation at a depth of 5,187 feet and oil in the Beda Formation at a depth of 5,541 feet.
Subsequent production tests successfully established an oil flow of 840 barrels per day (bbls/day) from the Beda and a gas flow of 15.4 million square cubic feet per day plus 204bbls/day of condensate from the Dahra reservoir. The rig will now move to drill the third exploration well C1-NC195 in this concession.
