The Zelten oilfield onshore Libya revealed exceptional flowrate following a successful drilling campaign by Sirte Oil and Gas Production and Manufacturing Company
More than 2,300 barrels per day of water-free crude oil was seen from the horizontal Well C353H that extended approximately 900 ft. Sirte had deployed the advanced Geosteering HD real-time, reservoir mapping-while-drilling technology for the campaign.
As Libya's National Oil Corporation continues to prioritise production optimisation, Sirte has been seeing record count since 2007 with 103,000 bopd.
Export opportunities
Libya has also remained a much acclaimed destination for export opportunities. Speaking at LEES 2024, Vaclav Bartuska, special envoy for energy security from the Czech Republic, had emphasised that 'for decades to come, the world will need oil and gas. Libya can help with that'.
Italy-based oil major Eni too has big ambitions in Libya.