Libya’s NOC completes re-drilling oil well producing 3,500 bpd
The Libyan National Oil Corporation (NOC) announced Tuesday that its subsidiary Mellitah Oil and Gas Company completed re-drilling the Fourth Well in the El Feel field, with a production capacity of about 3,500 barrels of oil per day.NOC Chairman, Farhat Bengdara, “praised all the national efforts that contributed to achieving this work,” NOC said in a statement.The Corporation noted out that restoring the well to production comes within its plan to improve and raise the level of crude oil production.NOC aspires to increase oil production to 2 million barrels per day. Libya currently produces about 1.2 million barrels per day.