OMV announces hydrocarbon discovery in southern Tunisia

Oct 24, 2008 02:00 AM

OMV, an integrated oil and gas company, has announced the discovery and successful testing of condensate and gas in its Sourour-1 exploration well in the Jenein Sud exploration permit in southern Tunisia.
The exploration well reached a total depth of 4,013 m and encountered a total of 20 m net gas and condensate pay in several layers at depths ranging from 3,700 m to 3,950 m. Further exploration and appraisal activities in the area are the currently ongoing 3D seismic survey and the planned drilling of additional wells.

The cumulative flow rate of all layers tested by the Sourour-1 well was 1,200 bpd of condensate and 58 mm cfpd of gas.
Drilling of the next well in the block, the Ahlem-2 appraisal well, is expected to commence in January 2009.

Acquisition of 600 sq km of additional 3D seismic was started in mid-July 2008 and will be completed by the end of 2008.
Helmut Langanger, OMV executive board member responsible for exploration and production, said: "This promising series ofdiscoveries in our Jenein Sud exploration block supports our efforts to grow in Tunisia, an important country in our North African core region."

Source / Datamonitor
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