Middle East Economic Survey

VOL. XLVIII

No 46

14-November-2005

LIBYA

Repsol Reports Sixth Oil Discovery In Libyas Block NC 186

Spains Repsol YPF on 7 November reported a sixth crude discovery on the NC 186 block in Libyas Murzuq Basin. Repsol, operator of the license, said the J-1 well recorded preliminary production of 4,650 b/d of 40 API crude and followed the discovery announced in October at the I-1 well, which flowed at a preliminary rate of 2,060 b/d, also of 40 API crude (MEES, 10 October)....