Production at the Sharara oilfield in south-east Libya rose to 288,200 barrels a day during the past 24 hours, a well-placed source at the field has told Libya Energy today, 16 October.
It is highest level of production since the force majeure declaration was lifted on 3 October. The source added that during the same 24 hours 282,000 barrels – 98 percent of production – had been dispatched via the pipeline to the terminal at Zawiya for export.
According to the source, production may reach between 295,000 b/d and 300,000 b/d day within a fortnight providing improvements and development continue and there are no leaks in the production facilities and pipelines
On 6 October, just three days after force majeure was lifted, it was reported that Sharara was producing 240,000 b/d. It means that in ten days, it increased output by 42,000 b/d, a 17.5 percent increase.
The source attributed the increase to thorough maintenance in the field during the last two yearsand the opening of a number of new production wells.
Output had already been growing since the field’s last closure in January Following it production had ranged between 240,000 and 260,000 b/d. According to the source, after that happened, the field’s production rose to about 270,000 b/d in May, June and July before the most recent shutdown.
