Libya’s eastern based Arabian Gulf Oil Company (AGOCO) announced yesterday that it had increased total production in two wells in the Hamada field from 250 to 800 barrels per day (bpd), while also reducing associated water content.
AGOCO said its technical teams were able to add wells V10-NC8 and AA11/NC8 to the production system, resulting in tangible results in improved performance.
Production from the first well increased from 160 bp to approximately 400 bpd, while reducing the associated water content by more than 11%.
The second well witnessed a qualitative leap in production from 65 bpd to more than 400 bpd, while reducing the associated water content by more than 75%.
AGOCO said this production leap in the Hamada field came thanks to continuous technical and administrative efforts. The achievement, it added, confirms the company’s commitment to developing oil fields and achieving sustainable production through the application of the latest engineering solutions and advanced technologies, enhancing its role in supporting the national economy.