Zallaf reports 1,500 bpd output at new Oil Field
Libya’s Zallaf Oil and Gas Company has launched production at the Al-Shadar oil field, extracting 1,500 barrels of crude oil and 7.5 million cubic feet of natural gas per day from its initial well.
The state-owned company began operations at well A1/A in the NC-126 concession area of the Sirte Basin, marking the latest development in Libya’s National Oil Corporation’s efforts to expand energy production.
“This is a milestone achievement for our national energy sector,” Zallaf officials said in a statement. The new production comes as Libya seeks to rebuild its oil industry, a critical source of revenue for the North African nation’s economic recovery.
The Al-Shadar field, situated south-east of Ajdabiya, represents one of several new developments in Libya’s largest oil-producing region, the Sirte Basin.
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