Akakus Oil expects production at its Sharara field to soon exceed the field’s previous capacity of 300,000 barrels a day, according to a source. The increase is a result of new wells bring drilled and others that are planned.
On 20 October the company said that output at Sharara was at 274,365 b/d. It has also said that wells coming on stream will produce around 15,000 b/d. The combined figures would bring the output to some 289,000 b/d, slightly over the 288,000 b/d figure given by a source at the field on 16 October.
Akakus had announced on 7 October that it had completed the drilling of two development wells, Nos. A41H and A44, in the NC115 block in the Sharara field, west of Obari. Each has a production capacity 3,500 barrels a day, making a total of 7,000 barrels a day. Initial results showed that both wells contain high-quality hydrocarbon-source rock and reservoir characteristics. They were expected to enter into production in the near future.
A week later it announced that a further three wells were brought on stream, increasing production capacity by a further 8,000 b/d. The wells are Nos. R-35, R-36 and B-51 at the oil fields, R-NC115 and B-NC11.
The total for all new five wells is 15,000 barrels.
