Libya’s Arabian Gulf Oil Company (AGOCO) reported yesterday that, following the implementation of a comprehensive technical development programme, well L-028HR in the Al-Sarir field was returned to production on 3 February.
This development programme resulted in a daily production of 2,200 barrels of crude oil with no associated water, in addition to 350,000 standard cubic feet of gas. It said this achievement, within the Arabian Gulf Oil Company’s Complex No. 4, reflects the optimal utilization of existing assets and the enhancement of field efficiency.
The well was originally drilled in August 1982 and completed at that time, but was not put into production. It was subsequently used as an observation well to measure reservoir pressures. Following strategic directives from the Management Committee and in coordination with the relevant departments, the well underwent a technical reassessment, leading to the decision to redevelop it through horizontal drilling towards promising reservoir layers.
The Management Committee affirms that this achievement reflects the AGOCO’s commitment to sustainable development and technical innovation, and embodies the effectiveness of coordination and institutional work among the various departments.
