Benghazi
The “Al-Waha Oil Company” announced on Saturday the completion of drilling operations for the new well known as (Q125), with actual production commencement integrated into the production system. The initial production rate reached 1,765 barrels of crude oil per day.
The company stated that the new well entering the production phase represents a significant step, reflecting the success of the development and expansion plans being implemented. This aims to increase the production capacity of its affiliated fields within a comprehensive strategy designed to enhance production efficiency and optimize the exploitation of oil reservoirs.
“Al-Waha Oil” clarified that these operations were carried out using the latest engineering technologies approved in the oil and gas sector, with full commitment to applying the highest operational safety standards. This ensures the sustainability of operations and the achievement of optimal technical results.
The company affirmed its commitment to continuing the implementation of drilling and development programs according to a clear vision that seeks to maximize the utilization of national resources. This aims to achieve a positive return that contributes to supporting the national economy and strengthens “Al-Waha Oil’s” position as one of the leading companies in the Libyan oil sector.
