Eni Finds Tunisia's Laarich East-1 Oil Field Successful

Monday, 19 September 2016

Italian oil giant Eni has just completed operations on the discovery well of Laarich East-1 in Tunisia, the company announced Monday.

Eni has successfully conducted exploration activities onshore Tunisia in the Sahara desert, approximately 700 kilometers south of Tunis, the capital, according to the company's press release.

The discovery well Laarich East-1 is located in the MLD (Makhrouga-Laarich-Debbech) license, where Eni owns a 50 percent stake and the Tunisian state company ETAP holds the remaining 50 percent, the press release said.

The company proclaimed that the well is 5 kilometers away from the oil treatment center in the concession and has reached a final depth of 4,111 meters. Exploration discovered hydrocarbons and production tests revealed a delivery capacity of approximately 2,000 barrels of oil per day.

The well, whose drilling started in June, has already been connected to production, according to the company's press release.

Eni announced that exploration activities in Tunisia are continuing with the drilling of additional prospects, which have been already identified on 3D Seismic surveys.

The Italian oil company operates in Tunisia in exploration and production activities since the early 60s, when the giant oil field El Borma, which is still operating today, was discovered.

Eni's equity production in the country is currently 11 thousand barrels of oil equivalent per day.

(Anadolu Agency)

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