On 24 March 2019, Arabian Gulf Oil Co. (Agoco) tested the Y3-51 exploration (re-entry) well in the 051-Y-001 field, resulting on a production flow rate of combined 8,492 b/d of oil and 1.82 MMscf/d of gas.   Y3-51 was spudded in January 2015, re-entered in late 2018 and completed as oil & gas at a depth of 3,444 m in January 2018 in Agocoâs 051-Y-001 field, contract 051, Sirte Basin. The well tested an interval between 3,206 and 3,281 m with the following results:  -Â Â Â  Test 1: 2,860 b/d of 36.5 API oil and 0.54 MMscf/d of gas from the Bahi reservoir at a WHP of 825 psi.  -Â Â Â  Test 2: 5.635 b/d of 35.2 API oil and 1.28 MMscf/d of gas from the Upper Cretaceous reservoir at a WHP of 444 psi.   Agoco is the operator of the 051 Y 001 field in block 051 with 100% of interest. The company is fully owned by the National Oil Company (NOC).   051-Y-001 is an oil field located onshore in the Sirte Basin (Maragh Trough). The field was discovered in March 2001 when the well 051 Y 51 discovered oil in the Upper Cretaceous Sarir Sandstones Formation. Appraisal drilling started in 2003 (Y2-51, completed oil) and was followed by Y3-51 later in 2015 (completed, oil & gas). As of late March 2019, the third exploration well Y4-51 was being drilled.   Agoco is exploring the âYâ structure in the field to add production of 38 MMbod and 12 Bscfg to its overall output.
Y3-51 expl 51-Y-1 field, Sirte Basin (Maragh Trough), 2015 well re-entered late 2018 and in March tested 8,492 bo/d + 1.82 MMcfg/d. Earlier tests had gauged up to 5.635 b/d of 35.2 API oil + 1.28 MMcfg/d from the Upper Cretaceous somewhere between 3,206-3,281m.