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Sirte Oil Finishes 61 Wells in a Year
The National Oil Corporation has reported that Sirte Oil Company completed drilling and refurbishing 61 wells within one year, including 17 development wells and 44 suspended wells brought back into production. This effort resulted in an increase in the company's production to approximately 116,000 barrels per day, the highest rate achieved from the second half of 2025 through June 2026. The company is also focusing on developing gas fields and systems, in addition to infrastructure projects, with the aim of boosting and sustaining production to support the national economy.
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