Libya’s state Arabian Gulf Oil Company (AGOCO) announced last Wednesday (13 August) that it has realised a new technical achievement represented in the return of the HH91-65 well in the Masala field to production at a substantially high rate of 2,400 bpd, after its production was limited in the past.
The company said this comes within the framework of the National Oil Corporation’s (NOC) plan to increase production rates.
AGOCO said its national cadres, represented by engineers from the Reservoir Engineering, Drilling and Production Departments, in cooperation with KAMCO and Baker Hughes, were able to carry out a guided drilling and re-entry process using modern technologies (VisiTrak), which resulted in raising the production from 169 barrels per day with an associated water ratio of 80%, to 2,400 barrels of oil per day with an associated water ratio of 0%.
The company said this success confirms its ability to invest its national expertise and advanced technologies in achieving quality results, which contribute to supporting the NOC’s plans to increase production and achieve sustainability.
