NOC reports increased production capacity at Faregh oilfield

By Sami Zaptia.

The NOC will continue the force majeure status of the Sharara oilfield as it is not happy with the agreement reached with the blockades by the Serraj government (NOC)

The NOC has reported increased gas production through its Waha subsidiary

London, 8 January 2019:

Libya’s National Oil Corporation (NOC) reported today that its Waha Oil Company (WOC) subsidiary has completed preparations on another horizontal well in the Faregh oil field ahead of the planned start of second-phase experimental gas production by the end of the first quarter of 2019.

The NOC said that initial tests indicate that the B B-14-59 well is expected to produce up to 24 million cubic feet of gas, and 1500 barrels of condensate per day (bcpd), using a 64/64-inch wellhead choke.

 

Waha Oil Co logo

 

It clarified that this well is in addition to the expected 33 million cubic feet of gas, and 1400 bpcd production capacity of well B B-10-59, that had been completed in November 2018.

NOC chairman Mustafa Sanalla thanked staff dedicated to this project and underlined the importance of a refocused Faregh field to provide gas for local community use, and the fostering of further regional economic development.

 

Bad weather closes Libyan oil terminals

 

Libya’s September oil revenues up 5.6 % to US$ 1.66 billion on August figures

 

Wafa field gas compressor to increase production

 

Production at stalled Wafa oilfields restored through EOR techniques

 

Libya’s August oil revenues down $ 450 m due to security issues

You must be logged in to post a comment Login