C 137 Block is located in the western part of Libyan offshore zone, extending up to about 100 km from the coast, along with the Tunisian border. The license originates from a first contract awarded to AQUITAINE LIBYE in 1968. After various relinquishments, it is now divided into 2 zones, North and South, totalling 3184 km2. It is ruled under the amended EPSA 74, ratified by Libyan authorities on 12th April 1997 and valid until 11th April 2017 (plus 5 years in case of production extension).
Discovery and Appraisal
From 1968 to date 17 wells have been drilled on block 137 N & S out of which 7 did encounter hydrocarbons ;
The “B” discovery well (B1a-137) has been drilled in 1975 and was oil and gas bearing in lower Eocene.
A first appraisal well (B2-137) has been drilled in 1983 but was water bearing.
Following a 3D seismic acquisition carried out in 1997/1998, a second appraisal well (B3-137) has been drilled late 1998.
Was able to secure the water oil contact and to test the oil in the main reservoir.