No Result
View All Result
Thursday, March 12, 2026
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

AGOCO reactivates stalled old Nafoura well to produce 1,200 bpd

bySami Zaptia
August 30, 2023
Reading Time: 1 min read
A A
AGOCO reactivates stalled old Nafoura well to produce 1,200 bpd

Libya’s state-owned Arabian Gulf Oil Company (AGOCO) announced today that it had succeeded in reactivating an old well that had stopped any output to return to a production of 1,200 barrels per day.

The company explained that work has been conducted over the past two days to return well No. L02-51 in the non-shared Nafoura field to production.

The well, AGOCO reported, had been naturally producing during 2022 an amount of oil not exceeding 200 barrels of oil per day. The well then stopped producing since the beginning of this year. It had been waiting for the arrival of a maintenance rig.

However, AGOCO explained that after its specialists conducted a study of the well, a recommendation was made to work on the well without moving the maintenance rig, but rather by performing the acidification process using specific quantities of anti-calcification chemicals and quantities of acids for the producing layers. The process was carried out using the Coil Tubing Unit.

This process resulted in the return of the well’s production to about 1,200 barrels per day.

RELATED POSTS

Libya’s oil production continues to creep upwards

After a ten-year hiatus, AGOCO restarts its spare parts workshop

AGOCO said the work on the old well and its return to production comes as part of its policy, set by the National Oil Corporation, to increase overall production rates.

Tags: Arabian Gulf Oil Company AGOCONational Oil Corporation

Related Posts

English High Court appoints Receiver to manage LIA litigations against Goldman Sachs and Societe Generale
Business

LIA holds Paris meeting to discuss reinvesting cash reserves in time deposits – previously frozen by Security Council Resolution

March 12, 2026
Libya’s Tripoli government holds virtual meeting with Boeing to follow up on last October’s Washington meeting
Business

Tripoli government team holds further meeting with Boeing regarding the establishment of a new airliner

March 11, 2026
CBL receives results from meetings with international banks
Business

CBL allows official foreign residents in Libya the use of e-Wallets – sets daily transfer categories

March 11, 2026
CBL receives results from meetings with international banks
Business

CBL discusses with Libya’s Telecoms Holding Company increasing the use of e-payments – including integrating illegal migrants

March 10, 2026
CBL receives results from meetings with international banks
Business

Libya’s dinar budget revenues in credit but its dollar expenditure posts US$ 2 bn deficit: CBL January to February 2026 report

March 10, 2026
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Business

Libya signs agreement with Italy’s Autorito to print and supply school textbooks for academic year 2026-27

March 10, 2026
Next Post
Twenty-three dead and 106 injured in Tripoli’s security forces clashes

Belarusian eye surgeons to visit Libya beginning of September

Attorney General orders return of Illegal shipment of methyl bromide gas seized at port

Attorney General orders return of Illegal shipment of methyl bromide gas seized at port

Top Stories

  • Op-Ed: Boulos entrenches Libya’s “flawed reality” and absence of a European role opens door to paths that deepen crisis

    Op-Ed: Boulos entrenches Libya’s “flawed reality” and absence of a European role opens door to paths that deepen crisis

    0 shares
    Share 0 Tweet 0
  • Tripoli government team holds further meeting with Boeing regarding the establishment of a new airliner

    0 shares
    Share 0 Tweet 0
  • Aldabaiba continues to appoint new ministers despite political opposition to the legality of the process

    0 shares
    Share 0 Tweet 0
  • Serbia agrees to partially reopen its Tripoli embassy this May and start Tripoli-Belgrade flights soon

    0 shares
    Share 0 Tweet 0
  • Libya supplied nearly a quarter of Italy’s total crude oil imports in 2025

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

LIA holds Paris meeting to discuss reinvesting cash reserves in time deposits – previously frozen by Security Council Resolution

At the first 2026 Cabinet meeting: Aldabaiba calls for unified state institutions, freezes development spending and calls for elections

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.