Libya’s state National Oil Corporation’s (NOC) eastern based subsidiary, the Arabian Gulf Oil Company (AGOCO), announced yesterday that last Friday (17 January), it had brought a new well (L096) in the Sarir field into production. This came, it added, after its completion of mechanical and electrical connection operations.
The new well, AGOCO stated, will add more than 1,600 barrels per day (bpd) to the company’s production, reflecting its continued efforts to enhance productivity and achieve its strategic objectives.
This, it added, comes within the continuation of the implementation of the NOC’s plan to increase production.
AGOCO also reported that it continues to work on drilling, completion and connection projects for wells continuously without interruption, to ensure the sustainability of production, maintaining its production rates and working to increase it.
