AGOCO Increases Oil Production at Sarir and Hamada

Thursday, May 30, 2024

Arab Gulf Company, or AGOCO, has increased the production of two oil wells in Sarir and Hamada oil fields. AGOCO, in conformity with the National Oil Company’s strategic plans, completed the comprehensive maintenance of oil well No. L84 which has been off production since 2021.

After restarting the well, the testing results conducted on it showed possibilities of a production capacity exceeding 580 barrels per day.

AGOCO has also completed successfully the works conducted on well No. VO1 – NC8A in Hamada oil field, which has been off production since 2015. Its production levels reached over 320 barrels per day.

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