Libya’s NOC to Increase Faregh Field Production

Libya’s NOC to Increase Faregh Field Production

Libya’s National Oil Corporation (NOC) announced on November 11 the completion of its operational tests for the second development phase of Faregh field, according to Reuters.

This will raise the gas production capacity of the field to 250 million cubic feet (mcf), in addition to the production of about 10,000 barrels of condensate per day from seven wells.

The company also said that in the coming days an eighth well will enter the production line, which will add gas production of 30 mcf and about 5,000 barrels per day of condensate once the leakage failure in the well is fixed.

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