No. 13



Repsol Announces Second Discovery In Block NC-186

Repsol YPF announced on 16 March that it had discovered oil at its B-1 well in Libyas NC-186 block, its second oil discovery in the 4,300 sq km concession in four months. Last November, the company announced a discovery at its A-1 well that flowed 2,500 b/d of 41º API crude (MEES, 4 December 2000). A statement released by Repsol YPF said that the B-1 well found "a significant oil column" with a flow rate of...