This is the third successful discovery in the permit within the last two years and highlights the potential of this block, which is operated by OMV Tunesien Exploration.
The exploration well reached a total depth of 4,020m and encountered a total of 36m net gas and condensate pay in several layers at depths ranging from 3,700m to 3,980m. Further exploration and appraisal activities are planned in the area, including the acquisition of 3D seismic and drilling of additional wells.
The cumulative flow rate of all layers tested by the Ahlem-1 well amounts to 3,500 barrels per day of condensate and 120 million cubic feet day of gas. Drilling of the next exploration well in the block is expected to commence in July 2008.
Acquisition of 600sqkm of additional 3D seismic is also planned to start in July 2008. OMV and the Tunisian national oil company ETAP, each hold a 50% interest in the Jenein Sud exploration permit, which covers an area of 1,992sqkm, 700km south of the Tunisian capital, Tunis.
Helmut Langanger, OMV executive board member responsible for exploration and production, said: I am delighted with this new discovery in our Jenein Sud exploration block as it confirms the potential of this block and reinforces our plans for further growth in Tunisia.
