Hellenic Petroleum S.A. reports a new natural gas discovery in the well C1-NC210. The well, drilled by Woodside Energy (NA) Ltd., is located in the Murzuq Basin approximately 1000 Km south of Tripoli and 150 Km south of the producing Al Wafa Gas Field. The drilled well reached a total depth of 808 meters.
Wireline log data indicated the potential of several separate hydrocarbon bearing zones.
An initial production test of the Awaynat Wanin Formation confirmed the presence of a gas column and flowed 5.7 million standard cubic feet of gas per day (MMscfd) through a 72/64 inch choke. The Absolute Open Flow is calculated to be 10.7 MMscfd.
A production test of the Mrar M7 reservoir confirmed the presence of a gas column and flowed 5.8 million standard cubic feet of gas per day (MMscfd) through a 72/64 inch choke. The Absolute Open Flow is calculated to be 13.0 MMscfd.
Woodside Energy (N.A.) drilled the well as an operator under the EPSA3 with the National Oil Corporation of Libya.
Interests in Exploration and Production Sharing Agreement and the associated joint venture are:
Woodside Energy (N.A.) Ltd. 45% (Operator)
Repsol Exploration Murzuq 35%
Hellenic Petroleum S.A 20%
Geologic data are being reviewed to make preliminary evaluations of the overall reserves in the reservoir and to determine locations of appraisal wells.