NOC’s Faregh field boosts production to 250 million cubic feet of gas per day

Catogory : Market Report

Libya’s state National Oil Corporation (NOC) announced Monday the completion of commissioning of the Faregh field Phase II by Waha Oil Company (WOC).It reported that last Friday the operation of the plant’s systems – including its surface equipment, pipelines system, gas compressors, gas filtration and drying systems, remote control and other back-up systems – had been tested and proved to be capable of producing approximately 150 million cubic feet of dry gas per day, in addition to approximately 10,000 barrels of condensates per day from seven wells. After laboratory tests confirmed its compliance with the required standard specifications, gas will be pumped through a 110-kilometre pipeline to Zueitina Oil Company’s Intisar field (103A) and delivered to the coastal pipeline network, the NOC added. It also revealed that the eighth well, BB-11, will soon be tied in to production facilities, adding another 30 million cubic feet of gas and about 5,000 barrels of condensates per day, once the wellhead valve system is repaired and the gas components produced from the well are purified. “In addition to increasing gas production capacity in general, the importance of this project lies in supplying power plants to help resolve the electricity shortage crisis, as well as supplying methanol and fertilizer plants in Marsa el-Brega,” said NOC Chairman Mustafa Sanalla. On behalf of NOC’s Board of Directors, I would like to thank, Management Committee and the team in charge of the management of this project, especially after they were able to overcome the problems and difficulties they faced & the management of US companies Conoco and Hess participating in the project.”