Continental Focus, International Reach

AGOCO Ups Production at Nafoura and Sarir Oil Fields

Monday, November 11, 2019

Libya’s National Oil Corp has announced that its plans to increase production rates at various fields throughout the country are bearing fruit at several fields, most recently at the Nafoura and Sarir fields.

Regarding Nafoura, in a statement NOC said: “Within the framework of the National Oil Corporation (NOC)’s plan to increase production rates and to implement the targeted program of work within the framework of the approved extraordinary budget, Arabian Gulf Oil Company (AGOCO) has conducted a stimulation of well Y-01 in the Nafoura non unit field where AGOCO is sole operator. This well is among those targeted to increase the company’s production capacity. The stimulation of this well increased its production by 3601 bpd from 200 bpd to the current production rate of 3801 bpd.

At Sarir oil field, AGOCO has completed the maintenance of the first well (C-158). Following maintenance, production from the well increased 93% from 400 bpd to 772 bpd.

 


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