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Eni discovers gas and condensates offshore Libya

Italian oil company Eni has discovered gas and condensates offshore Libya in the Bouri North exploration prospect in Area D.

According to the company, the area is located 140km from the coast and 20km north of the Bouri production field.

Drilled at a water depth of 125m, the A1-1/1 well encountered gas and condensates in the Metlaoui Group of Eocene age.

"The well represents the second discovery made by the company offshore Libya since the beginning of 2015, and is expected to deliver more than 3,000boepd of gas."

The production test was constrained by surface facilities and during this process the well flowed 1,340 barrels of oil equivalent per day (boepd) with a choke size of "64/64' .

The well represents the second discovery made by the company offshore Libya since the beginning of 2015, and is expected to deliver more than 3,000boepd of gas.

Through its subsidiary Eni North Africa, Eni operates contract Area D with 100% working interest in the exploration phase.

At present, the company produces more than 300,000boepd in the country.

Located 120km north of the Libyan coast in the Mediterranean Sea, the Bouri offshore field is part of Block NC-41, which is was initially discovered in 1976 at 8,700ft depth.

The field has an annual production potential of six billion cubic metres and is expected to contain 4.5 billion barrels in proven recoverable crude oil reserves in addition to associated natural gas of 3.5 trillion cubic feet.

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