Akakus Oil Company announced the successful drilling and commissioning of Well A-46, achieving a daily production capacity of 3,750 barrels of oil.
The company stated that this achievement reflects its commitment to enhancing production and maximizing operational efficiency, supporting the sustainability of oil output and the fulfillment of its strategic objectives.
Akakus emphasized that the success of Well A-46 comes within the framework of implementing the National Oil Corporation’s strategy to increase production capacity and raise overall output levels, alongside continuous monitoring of well-drilling activities.
Akakus Oil Company
The Akakus Oil Company is a Libyan state-owned petroleum corporation, historically significant as it was established in 1970 following the nationalization of the country’s oil industry. It operates primarily in the Murzuq Basin, managing exploration, production, and export activities for a major share of Libya’s crude oil output.
Well A-46
Well A-46 is an ancient water well located in the archaeological site of Qumran near the Dead Sea, famous for its association with the discovery of the Dead Sea Scrolls. It was likely used by the Essene community who inhabited the area from around the 2nd century BCE to the 1st century CE, providing a crucial water source in the arid environment.
National Oil Corporation
The National Oil Corporation (NOC) is the state-owned oil company of Libya, established in 1970 to manage the country’s hydrocarbon resources. It oversees all aspects of Libya’s oil and gas production, from exploration to export, and has been a central pillar of the national economy since its founding.
