By Sami Zaptia.
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.
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.