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Total˙s first find in Libya

Posted: 31 July 2006
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Total said it has discovered oil in Block NC 191 in southwestern Libya, around 800 kilometres south of Tripoli. Total is the operator of the block and holds a 100% stake.

This is the first find in the block, located in the southern Murzuq Basin and awarded to Total in March 2001.Drilled to a total depth of 1,735 metres, the well tested at 675 barrels of oil per day. Appraisal of the discovery and the potential of the remainder of the block is underway.

The latest find consolidates Total's position in Libya, where it has been active since the 1950s. The group has interests in the main offshore and onshore basins, operating the offshore Al Jurf field and the Mabruk field in the Sirte Basin and holding a working interest in the consortium that operates the El Sharara fields in the Murzuq Basin.

OilExec International Ltd

Crystal Ball

 

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