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The National Oil Corporation of Libya announced that Sirte Oil and Gas Company achieved success in drilling a developmental well in the al-Khair field within the Sirte Basin. The well's production rate reached 3,209 barrels per day of associated oil and 1.948 million cubic feet of gas per day. Test results showed a natural flow without the need for artificial lift methods, with a high production capacity, excellent oil quality, and no associated water. This supports the company's plans to increase production capacity and achieve Libya’s oil targets, which heavily depend on oil revenues.
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