Repsol has made its first offshore hydrocarbons discovery off the coast of Libya.
Offshore staff
MADRID -- Repsol has made its first offshore hydrocarbons discovery off the coast of Libya.
The well, drilled to a depth of 4,820 m (15,814 ft) in 50 m (164 ft) of water, is the first drilled in block NC202, about 15 km (9.3 mi) offshore Libya. The block is located in the Sirte basin and was awarded to Repsol and its partners in November 2003.
The initial productions tests, carried out at depths of between 1,354 and 1,367 m (4,442 and 4,485 ft), showed flows of 1,264 b/d of 26 API° oil and 16,400 m (53,805 ft) of gas a day, the company reports.