No Result
View All Result
Tuesday, June 28, 2022
32 °c
Tripoli
31 ° Wed
29 ° Thu
29 ° Fri
31 ° Sat
  • Advertising
  • Contact
LibyaHerald
 
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

NOC announces promising results from AGOCO’s Y3-51 well in Sirte basin following appraisal testing

bySami Zaptia
April 1, 2019
Reading Time: 1 min read
A A
12
SHARES
52
VIEWS
Share on FacebookShare on Twitter

By Sami Zaptia.

(Logo: NOC).

London, 1 April 2019:

The National Oil Corporation (NOC) and its subsidiary Arabian Gulf Oil Company (AGOCO) announcd promising test results from appraisal well Y3-51 in the Sirte Basin, with a potential production capacity of nearly 8,500 oil barrels per day (bpd) and 1.82 million cubic feet of gas.

The well, located approximately 30 kilometres north-east of the Nafoura oil field, reached a total depth of 11,300 feet in January 2018, with more elaborate testing conducted on March 24, 2019, the NOC said Thursday.

In its technical notes, the NOC said that well Y3-51 was drilled to delineate structure (Y) to the north-west of discovery well Y1-51, drilled in 2000, with promising test results of 3,892 bpd. Thereafter, well Y2-51 was drilled in 2003, yet results were not encouraging. AGOCO is currently drilling appraisal well Y4-51.

RELATED POSTS

After an 11-year absence, Egypt’s Petrojet returns to Libyan oil sector

Total Energies Summer University launched to contribute to development of young talents In Libya

The NOC added that it is working with AGOCO on developing these fields and increasing production. It said that it considered the full exploration of structure (Y) as a strategic priority, as it is expected to add 38 million bpd of oil, and 12 billion cubic feet (bcf) of gas, with recoverable reserves of 11 million barrels of oil, and 10 bcf of gas.

Tags: AGOCO Arabian Gulf Oil CompanyfeaturedNOC National Oil Corporationtest well
Share5Tweet3Share1

Related Posts

Daewoo makes presentation to ERMA Motorway Authority
Business

Daewoo makes presentation to ERMA Motorway Authority

June 28, 2022
Misrata Free Zone first phase of infrastructure projects completed
Business

Misrata Free Zone first phase of infrastructure projects completed

June 28, 2022
Misrata Chamber signs strategic MoU with Tunisia Africa Business Council
Business

Misrata Chamber signs strategic MoU with Tunisia Africa Business Council

June 28, 2022
After an 11-year absence, Egypt’s Petrojet returns to Libyan oil sector
Business

After an 11-year absence, Egypt’s Petrojet returns to Libyan oil sector

June 28, 2022
Oil minister says fuel subsidies to go by 2016
Business

Alternatives to fuel subsidies with cash payments delivered to Aldabaiba

June 27, 2022
GECOL sings MoU with Abu Dhabi’s W Solar Investment to build solar plants
Business

GECOL sings MoU with Abu Dhabi’s W Solar Investment to build solar plants

June 27, 2022
Next Post

NOC and Eni establish steering committee for Sabrata gas project

HoR, HSC and PC criticise Salame's political elite corruption claims

 

Advertise on LibyaHerald

Reach thousands of our site visitors daily

240 x 400px

Advertise Here
ADVERTISEMENT

Top Stories

  • Malta-based Libyan carrier Med Sky to start chartered flights from Misrata to Malta from 5 May

    Malta-based Libyan carrier Med Sky to start chartered flights from Misrata to Malta from 5 May

    584 shares
    Share 234 Tweet 146
  • Two leading Tripoli militias clash in town centre

    488 shares
    Share 201 Tweet 120
  • Hafter’s representatives in the 5+5 Joint Military Commission announce suspension of their participation in the commission

    381 shares
    Share 158 Tweet 93
  • Bashagha reveals proposed government of 41 – with 30 ministers and 8 ministers of state

    365 shares
    Share 148 Tweet 90
  • Bashagha enters Tripoli briefly before being forced to exit swiftly in the face of determined militia opposition

    354 shares
    Share 142 Tweet 89
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Daewoo makes presentation to ERMA Motorway Authority

Misrata Free Zone first phase of infrastructure projects completed

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    No Result
    View All Result
    • Login
    • Sign Up
    • Cart
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Sign In with Facebook
    Sign In with Linked In
    OR

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Sign Up with Facebook
    Sign Up with Linked In
    OR

    Fill the forms bellow to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
    Are you sure want to unlock this post?
    Unlock left : 0
    Are you sure want to cancel subscription?