Eni has announced a new offshore gas and condensates discovery in Libya
The Italian multinational oil and gas firm said that the find was made 140 km from the Libyan coast in the Bouri North exploration prospect of Area D.
The A1-1/1 well, located 20 km north of the production field at Bouri and drilled at a water depth of 125 metres, encountered gas and condensates in the Metlaoui group of Eocene Age.
During the production test, which Eni said was constrained by the available surface facilities, the well reportedly flowed at a rate of 1,340 boepd, with a choke size of 64/64-inch.
However, at full flow, the firm added that it estimates the well to be capable of delivering more than 3,000 boepd.
The new well represents the second discovery this year in Libya’s offshore Area D, which is operated by Eni through its subsidiary, Eni North Africa BV, with 100 per cent working interest in the exploration phase.
The company currently produces more than 300,000 boepd in Libya, where it has maintained a presence since 1959.