The National Oil Corporation announced the success of the Sirte Oil and Gas Production and Manufacturing Company in drilling an exploratory well within a new geological formation in the contract area “M.N.6” southeast of Al-Laheeb field.
The company conducted tests on the well last Saturday, after drilling reached the final depth of the well, which reached 8,666 feet (equivalent to 2,641 meters), and the results of the productivity test showed that the well’s production reached 16.8 million cubic feet per day of gas and 626 barrels per day of oil, at a density reached 49 API.
The NOC said that this achievement comes within the framework of achieving ambitious targets to raise oil and gas production rates at various oil sites.
Economy
