Petroleum Africa
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Friday, August 4, 2023
National Oil Corp. of Libya (NOC) reports that drilling operations conducted by Sirte Oil Company have successfully opened two new oil production facilities in Libya.
Encouraging results were achieved after Sirte Oil Company completed drilling operations on the exploration well J3-NC101 in the Murzuq Basin at a depth of 7,833 feet and the development well C347-6 in the Zelten field at a depth of 5,794 feet.
The exploration well yielded a flow rate of 560 barrels of oil per day, which is expected to increase once the low-rate pump is replaced. The development well achieved a natural flow of 1,100 barrels of oil per day.
This important progress aligns with the National Oil Corporation’s plan to increase national crude oil production as a key pillar of its long-term energy strategy for Libya.
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