Refiner Hellenic Petroleum reported on Monday a new natural gas discovery in the well A1-NC210 in Libya.
Hellenic petroleum participates in a joint venture with a 20% stake in an exploration and production sharing agreement. Wood side Energy holds a 45% share and the remaining 35% is in Repsol Exploration Murzuq hands.
Woodside Energy drilled the well, which is located in the Sirte Basin in Libya and was spudded on October 10, 2006. The total depth of 3,475metres was reached on November 18, 2006.A completion string was run and well testing operations were completed with a rig-less testing until March 2007, the company said in a statement.
An initial production test of the Upper Sabil Formation confirmed the presence of a gas column and flowed 12.2 MMscf per day through a 48/64 inch choke, with a gas to condensate ratio of 30-35 bbl/MMscf. The absolute open potential id calculated to be 16.7 MMscf per day.
The well was suspended as a gas and condensate discovery, the refiner said.