AGOCO increases development well production

By Sami Zaptia.

Libya's NOC has reported that its wholly-owned subsidiary AGOCO has increased oil and gas production at one of its test wells (Photo: AGOCO).

Libya’s NOC has reported that its wholly-owned subsidiary, AGOCO, has increased oil and gas production at one of its test wells (Photo: AGOCO).

London, 7 March 2019:

Libya’s National Oil Corporation (NOC) announced yesterday that its wholly-owned subsidiary, Arabian Gulf Oil Company (AGOCO), has increased it oil and gas production from a test well.

It said that in an effort to increase production through the testing and linking of development wells, AGOCO has connected its well C368 to station GC 5 at the Sarir oil field using a 64/64-inch wellhead choke.

This has increased oil production by 1,058 bpd and gas production by 95,000 MMSCFD.

The NOC said that the connection of the C368 well, originally drilled in July 2014, is part of its ongoing production expansion strategy utilising and accelerating all newly drilled development wells.

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