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Home Business

Sirte Oil exploration well in Murzuq Basin produces 1,150 barrels per day

bySami Zaptia
August 18, 2023
Reading Time: 1 min read
A A
Sirte and BACB to improve cooperation

Libya’s state Sirte Oil Company reported yesterday that its exploration well J3-NC101 at exploratory block NC101 in the Murzuq Basin is now achieving 1,150 barrels per day (bpd).

Sirte Oil explained that the well, at a depth of 7,833 feet, had initially produced only 560 bpd of crude oil but that this increased after replacing the low production rate pump with another pump with a high production rate.

The company stressed that the work was conducted by Libyan cadres.

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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.

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