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Home Business

Akakus Oil starts drilling new well at Sharara field

bySami Zaptia
January 2, 2025
Reading Time: 1 min read
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Akakus Oil drills 15 wells since January – producing 25,000 bpd

Akakus Oil Operations announced last Tuesday (31 December 2024) that it had started the drilling of the new development well H-50 NC115 in the Sharara oil field.

The well is expected to produce 1,500 barrels per day.

Akakus Oil said this comes as part of the expansion plans to enhance national production.‎

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Akakus Oil completes drilling of new Sharara field well with up to 1,750 bpd production

Akakus Oil completes drilling of Sharara Field development wells yielding 7,000 bpd

Tags: Akakus Oil Operations AOOSharara field

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A 247,000-bpd oil production increase would achieve US$ 6 billion annually to enhance ability to meet FX demand, maintain strength of LD and achieve economic balance: CBL ‎

Op-Ed: Reputational Damage Is Worse Than Losing Money

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