No Result
View All Result
Tuesday, May 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

Economy Minister Hwej reviews his ministry’s implementation of its 2023 plan and issues several directives
Business

Ministry of Economy issues decrees directing importers to use legal distribution channels to control prices in the market

May 12, 2026
CBL receives results from meetings with international banks
Business

CBL renews call for closure of unofficial FX sales outlets – as dinar begins to slide again

May 12, 2026
Misrata Chamber of Commerce holds meeting with companies to discuss HoR’s new tax bill
Business

Misrata Chamber of Commerce discusses with Indian Ambassador holding Libyan-Indian trade exhibition in Misrata

May 12, 2026
Benghazi Chamber participates in workshop on the blue economy
Business

Benghazi Chamber of Commerce holds meeting with Croatian delegation to discuss economic cooperation and reactivate Croatian-Libyan trade relations

May 12, 2026
Libyan Express and Italy’s 4 Airways to launch joint Libya-Europe air route ”soon”
Business

Libyan Express and Italy’s 4 Airways to launch joint Libya-Europe air route ”soon”

May 11, 2026
NOC announces force majeure at Zawia port
Business

Libya’s National Oil Corporation regains full control of Ras Lanuf Refinery from Emirati LERCO JV’s Trasta Company

May 11, 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

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

    Arabian Gulf Oil Company Chairman holds virtual meeting with BP

    0 shares
    Share 0 Tweet 0
  • Zawia clashes lead to Zawia Refinery shutdown and evacuation of Zawia Port

    0 shares
    Share 0 Tweet 0
  • Aldabaiba visits Rome today: Debts to Italy and Libyan bureaucracy are holding back increased trade

    0 shares
    Share 0 Tweet 0
  • Mellitah Oil & Gas Bouri field US$ 1.565 billion gas exploitation project completes phase – to start utilising 125 million cf / day of natural gas by September

    0 shares
    Share 0 Tweet 0
  • Zawia armed clashes ended – Zawia Refinery’s Aviation Kerosene Tank 501 ruptured

    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

Ministry of Economy issues decrees directing importers to use legal distribution channels to control prices in the market

CBL renews call for closure of unofficial FX sales outlets – as dinar begins to slide again

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.