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Home Libya

NOC’s AGOCO increases Messla oil production by 2,900 barrels

bySami Zaptia
November 25, 2019
Reading Time: 1 min read
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By Sami Zaptia.

(Logo: NOC).

London, 25 November 2019:

The Arabian Gulf Oil Company (AGOCO), a wholly owned subsidiary of Libya’s state National Oil Corporation (NOC), has increased oil production at its Messla oilfield by 2,900 barrels per day.

This was achieved by connecting well (H54-65) to the production line on Friday, 23 November.

The NOC reported that the well had been previously abandoned since 1979 by Messla field due to the poor characteristics of the reservoir in terms of porousness and permeability. The well was re-entered and rerouted using the guided drilling technique.

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Providing further technical information, the NOC added that in October 2018, the well was re-entered from inside the packaging tubes and the drilling was directed using the latest guided drilling techniques called Geosphere 474.

It reported that AGOCO is the first company in Africa and one of the first companies in the world to use the technology.

The Messla field increased oil production comes as part of a number of recent increases in a number of fields and as part of the larger strategy by the NOC to increase Libya’s oil production which was recently facilitated by the granting of an exceptional budget by the Tripoli-based and Faiez Serraj-led government.

 

NOC aims for 1.5 M barrels a day in 2020 and 2.1 M in 2024

 

NOC’s Faregh field boosts production to 250 million cubic feet of gas per day

 

Increased oil production at Sarir field as part of NOC long term plan

 

Serraj government discussing further funding for NOC to activate Libyan economy

 

Increased oil production at Sarir field as part of NOC long term plan

 
Tags: AGOCO Arabian Gulf Oil CompanybudgetFaiez Serraj Presidency Council Government of National Accord PC GNAfeaturedMessla fieldNOC National Oil Corporationoil production
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