TexacoMakes Oil Discovery in Tunisia
The US firm Texaco announced on 17 August that it discovered crude oil in the El Jem permit in Tunisia. The El Jem-1 well testedat a rate of 3,600 b/d of crude oil and 3.7mn cu. ft./day of gas on a 7/16 inchchoke. The 42 API crude flowed from a zone between 3,350 and 3,423 meters fromthe Upper Cretaceous Bireno formation carbonates. The state-owned ETAP awarded aproduction-sharing agreement in December 1989 to the...