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Eni resumes exploration in Tunisia

19 settembre 2016 | 18.21
LETTURA: 1 minuti

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Eni has successfully resumed exploration activities onshore Tunisia in the Sahara desert, approximately 700 kilometers south of Tunis, the Italian oil and gas giant said Monday in a statement.

"The Laarich East-1 well, whose drilling started in June, has already been connected to production," Eni said.

"In the meantime, exploration activities in Tunisia are continuing with the drilling of additional prospects."

Production tests revealed a delivery capacity of approximately 2,000 barrels of oil per day, Eni said.

"The drilling of Laarich East-1 is part of Eni’s near field strategy, adopted to cope with the low oil price environment, and consisting in conducting exploration activities in the proximity of existing infrastructures with available spare capacity," it stated.

Crude oil prices are nearly 50 percent less than two years ago.

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

Tunisian oil production has declined steadily since reaching a peak of 120,000 barrels of oil per day.

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