Waha Oil Company Expands Production with New Gas Wells
Waha Oil Company has launched two new gas wells in Libya's Farigh field, increasing daily production by 26 million cubic feet. This expansion is crucial for meeting local natural gas demand.
Insights:
Libya's Waha Oil Company, a subsidiary of the National Oil Corporation, has successfully brought two new gas wells onstream at the Farigh field. This operational milestone, announced on December 28, marks a significant increase in the country's natural gas production capacity. The two wells are producing a combined total of 26 million cubic feet of natural gas per day, with the first well contributing 14 million cubic feet and the second well adding 12 million cubic feet daily.
Waha Oil Company operates as a joint venture with international energy giants TotalEnergies SE and ConocoPhillips . This collaboration underscores the role of international partnerships in enhancing Libya's energy infrastructure. The commissioning of these wells is framed by Waha as a vital step in meeting local natural gas demand, addressing supply constraints within the region.