NOC has just published a report about its activities in last year and was written in Arabic language and here is a translated version of some of the important aspects of the report.
During last year 2009 there were 64 exploratory wells onshore and offshore activities in Libya reported by Libya’s NOC and it was successful in 33 wells and the overall percentage of success was 51.5% in which resulted in 20 new oil and gas discoveries adding 2.03 billion barrels of oil and 1.3 trillion cubic feet of gas to Libya’s reserves.
Libya, for the first time in the history of exploration activities in the Libyan deep water of more than 200 meters, also started an exploratory drilling in deep water.
In Seismic activities, too, there were more than of 12.784 km in length and 55.000 KM square of 2D and 3D seismic data collected on onshore and offshore, and all data recorded showed a high quality and unprecedented in the history of exploration activity in the Libya.
Source: NOC and Translated by SOC Libya
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