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Home Business

NOC announces production increases by AGOCO and Harouge

bySami Zaptia
July 8, 2024
Reading Time: 1 min read
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NOC announces force majeure at Zawia port

(Logo: NOC).

‎Libya’s state National Oil Corporation (NOC) reported production increases by its subsidiaries end of June to early July.

Return of AGOCO’s C-335 well with 2,500 bpd
Last Wednesday (3 July) the NOC reported that the technical teams of the Arabian Gulf Oil Company (AGOCO) were able to return the C-335 well in the Sarir field to production after a successful maintenance operation. C-335 had been closed since 2022 due to the loss of equipment.‎

‎The technical teams, the NOC explained, were able to carry out maintenance and catch the lost equipment and carry out the necessary treatment of the productive layers. The results of testing the well after the completion of the maintenance process led to production of 2,500 barrels of oil per day with a water percentage of 7 percent. ‎

Harouge’s AA-10 well production up initially to 1,600 bpd
Similarly, the NOC reported on 24 June that Harouge Oil Operations Company succeeded in raising the production of the AA-10 well in the Al-Fregh field in the Amal concession from 250 barrels per day to 1,600 barrels per day initially.

It said the production rate can be increased after the completion of all works on the well.‎

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The NOC said these increased productions come within the framework of its plan to increase overall production rates.

Tags: AGOCO Arabian Gulf Oil CompanyHarouge Oil OperationsNOC National Oil Corporationoil production increases

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