The National Oil Corporation (NOC) is targeting to increase longer term production at the Tahara field to as much as 40,000 bpd.
Libya Herald learned in communications with the NOC Media coordinator that plans have been put in place aimed at raising production in a number of new fields. These come within the overall plans announced earlier in the week at the Benghazi meeting by NOC chairman Farhat Bengdara to increase production to 2 million bpd.
Tahara field is located in the Hamada area about 45 KM south of Zintan and is part of the Arabian Gulf Oil Company (AGOCO).
Although the field is still not connected to pipelines to pump its production to the coastal exporting ports, it is considered a very promising oil and gas field and was opened by AGOCO in February 2022.
Tahara is initially expected to produce about 14,000 bpd and with development it is expected to reach more than 40,000 bpd and about 6 million cubic feet of gas per day.
The Media Office stressed that Tahara field may produce double the announced rate if it is targeted with accurate supplementary studies and the excavation of exploratory and developmental wells.
Adding that the Hamada area of Ghadames is one of the most promising areas because it contains huge stocks of oil and gas, and that the proceeds in this region are very large despite the presence of geological complications in it.
After 9-year hiatus, AGOCO reactivates 11 oil wells to produce up to 3,900 bpd (libyaherald.com)
Waha Oil Company restarts 51 wells with potential 14,650 bpd increased production (libyaherald.com)
Waha Oil’s Al-Dahra field restarted – to produce up to 10,000 bpd by year-end (libyaherald.com)