Italy’s Eni has made a new gas and condensates discovery in Contract Area D, offshore Libya. The new discovery has the capacity to deliver, in production configuration, as much as 700,000boe/d, Offshore Magazine reported.

The Italian company drilled the B1 16/3 well on the Gamma prospect in 150 meters of water, 140km off the Libyan coast. The discovery well reached a total depth of 2,981 meters and presented gas and condensates in the Metlaoui Group of Eocene age.

As informed by World Oil, the drilling of the Gamma prospect is part of the “near-field” exploration strategy of Eni. Through the drilling, the company is targeting opportunities that, in case of success, can exploit synergies with existing infrastructure reducing the time to market and providing additional gas to the local market and export.

The new  as and condensates discovery is located 15km southwest of the Bouri field and 5km north of the Bahr Essalam field.