In the prolific Murzuq basin in the Sahara desert

Repsol makes a new high quality oil discovery in Libya

Press Release 21/10/2013 18:00
  • The discovering well, drilled to a depth of 1,836 metres, found light high quality oil (40º API) with very positive results from first tests.
  • This is the third of eight wells that will be drilled in NC115, a block which has shown excellent reservoir qualities.
  • Following the positive results, Repsol will continue with the exploratory campaign which begun in 2013 and is expected to continue through the end of 2015.
  • Exploration is one of the key pillars of Repsol’s growth strategy, supported by the company’s specialists and by cutting edge technology.
  • In 2013, Repsol has already made other valuable oil discoveries, in Brazil, Alaska (U.S.) and Russia, and has brought online production from new fields in Brazil, Russia, Oklahoma (U.S.) and Bolivia.

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