Libya, holder of Africa's fourth largest proven gas reserves, has made two new gas finds southwest of the capital Tripoli amid efforts to boost the country's hydrocarbon output, state-run National Oil Corp., or NOC, said Wednesday.
Libya, holder of Africa's fourth largest proven gas reserves, has made
two new gas finds southwest of the capital Tripoli amid efforts to boost the
country's hydrocarbon output, state-run National Oil Corp., or NOC, said
Wednesday.
A consortium of NOC, Algeria's Sonatrach, Oil India and Indian Oil discovered
gas during the drilling of the B1-95-02 exploration well in contract area 95/96
in the Ghadames basin, some 800 km Southwest of Tripoli, the firm said in a
statement posted on its website.
The well flowed at a rate of 10 million cubic feet per day of gas through 64
and 32 inch chokes in the Mamouniyat formation.
Another consortium of the state-owned firm and Polish Oil & Gas also made
its first discovery in the
Murzeq
Basin
, 750
kilometers southwest of
Tripoli
.
The wildcat well flowed at a rate of 4 million cubic feet per day of gas
through 64 and 32 inch chokes in the Carboniferous Tahara formation.
Libya
holds
52.8 trillion cubic feet of proven natural gas reserves, according to data from
the U.S. Energy Information Administration.
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