No. 49



Repsol YPF Discovers Oil In Block NC-186

On 29 November, Spains Repsol YPF announced an oil discovery at its A-1 well in the 4,300 sq km NC-186 exploration block in the Murzuk Basin 20km north of the El-Shararah field and some 800km south of Tripoli. The A-1 well, Repsols first in NC-186, flowed 2,500 b/d of 41 API oil through a -in choke. Partners in the block are Repsol YPF as operator (32%), Frances TotalFinaElf (24%), OMV of Austria (24%), and Norways...