Atwasat

AGOCO revives oil well abandoned for 40 years at Messla field, begins production at 2,900 bpd




Alwasat - Cairo Thu 16 May 2019, 09:37 PM
alwasat radio

Libya’s Arabian Gulf Oil Company (AGOCO), a subsidiary of the National Oil Corporation (NOC), said it had resumed production of 2,900 barrels per day at a long-abandoned well in the Messla field in the east of the country.

After a 40-year halt, output was restored at the H54-65 well using drilling techniques developed by U.S. oilfield services firm Schlumberger, an AGOCO official told Reuters on Thursday.

Six months ago, the company restored output of 3,000 bpd at a HH86-65 well in the same 70,000 bpd Messla field.

Libya was producing more than 1.6 million bpd before a 2011 NATO-backed uprising that toppled Muammar Gaddafi and led to political fragmentation and armed conflict. Currently, output is about 1.1 million bpd, according to Reuters estimates.

NOC has warned that fighting around Tripoli, where forces loyal to Khalifa Haftar launched an offensive early in April against the internationally recognised government based in the capital, put future output at risk.

NOC has tried to stay out of the conflict while continuing to distribute energy revenues to the Tripoli-based central bank, which works only with the U.N.-backed government of Prime Minister Fayez al-Serraj.

The Messla is in an eastern region controlled by Haftar’s forces.

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