On Saturday, Libya’s National Oil Corporation (NOC) announced a significant development in the country’s oil production with Sarir Oil Operations Company completing the drilling of a new well, B54, at the Al-Sarah field in southeastern Libya.
The well is currently producing 2,400 barrels of oil per day (bpd) following initial tests, with production expected to reach 3,000 bpd after final testing and the full resumption of operations.
This marks a major achievement for Sarir Oil Operations, which took over management of the Al-Sarah field in late 2020. The B54 well is the first to be drilled at the field since 2013, signaling a positive shift for Libya’s oil sector after years of disruption due to political instability and conflict.
Sarir Oil Operations, established in late 2020, has been working to revitalize production in the Al-Sarah field, which is located in the oil-rich Murzuq Basin. The field had experienced a significant production slowdown due to Libya’s prolonged political and security challenges. The successful drilling of the B54 well represents a key step in restoring production to the region and boosting Libya’s overall oil output.
The Al-Sarah field is known for its high-quality crude oil, and the resumption of drilling operations here reflects the company’s commitment to overcoming the difficulties that have affected the Libyan oil industry in recent years.
Libya’s oil sector has long been the foundation of the country’s economy, but it has faced severe disruptions since the 2011 civil war. The industry suffered from frequent shutdowns, damage to infrastructure, and security concerns. Despite these challenges, Libya remains one of Africa’s top oil producers, and the government is working diligently to restore production to pre-conflict levels.
The new B54 well at Al-Sarah is expected to provide a meaningful boost to Libya’s overall oil production, which is currently around 1.2 million bpd. The NOC has been focusing on increasing production at key fields such as Sarir, Sharara, and El-Feel. The output from the new well is expected to contribute significantly to the country’s goal of restoring stability to the oil sector and enhancing economic recovery.
