Libya’s Sirte Oil Company achieved new and unprecedented crude oil production which exceeded 100,000 barrels per day (bpd) comparing with an average rate of 55,000 bpd, an increase that exceeded its production by nearly double before the oil blockade at the beginning of this year.

The National Oil Corporation (NOC) reported that his unprecedented increase, reached on Thursday (17 December) was reached in a record time. The production rate was achieved after the implementation of the approved exceptional budget programmes.

This programme includes the work over of 24 oil wells, the conversion of the artificial lift methods from gas lift to the installation of electric submersible pumps, and the implementation of the development programme for the El-Harach layer in South Zelten by drilling nine development wells in addition to executing rig-less wells interventions, including activation by acidization, hydraulic fracturing, and some other restoration activities.