Libya’s AGOCO Raises Production at Hamada Field

AGOCO has announced that total production from two wells in the Hamada field has risen from 250 to 800 barrels per day (bpd), accompanied by a noticeable reduction in associated water content. According to AGOCO, its technical teams succeeded in re-integrating wells V10-NC8 and AA11/NC8 into the production system, achieving measurable improvements in efficiency and output.

Production from the first well increased from 160 bpd to around 400 bpd, with water content reduced by over 11 per cent. The second well saw output climb from 65 bpd to more than 400 bpd, while water content decreased by more than 75 per cent. The company said the improvement was the result of ongoing technical and administrative efforts and forms part of its wider plan to develop oil fields, enhance operational efficiency, and apply modern technologies to ensure sustainable production and continued support for Libya’s national economy.