In a significant development for Libya's oil industry, the Mellitah Oil & Gas Company has announced the successful re-drilling of the 5th well, "FB-21HOR-ST2," in the Elephant Field. The completion and testing of this well have yielded a production capacity of approximately 3,820 barrels of oil per day.

The National Oil Corporation issued a statement commending the efforts of the operating committee and all employees of Mellitah Oil & Gas Company involved in this endeavor. This achievement marks a notable step forward in the revitalization of Libya's oil sector.

About the Elephant Field: Situated in the Murzuq Basin in southwestern Libya, the Elephant Field holds significant importance in the nation's oil landscape. Prior to 2007, it boasted reserves exceeding 1.2 billion barrels, establishing itself as the largest oil field in the Murzuq Basin. With a production capacity of 125,000 barrels per day, the Elephant Field has long been a vital asset in Libya's oil production infrastructure.

The successful re-drilling and subsequent production increase at the Elephant Field signal positive momentum for Libya's oil industry, offering hope for continued growth and stability in the sector. This development underscores the resilience and capability of Libyan oil companies in overcoming challenges and maximizing production potential in key oil fields.

As Libya continues to navigate its path towards economic recovery and stability, advancements in the oil sector such as this one play a crucial role in driving progress and fostering optimism for the nation's future.

Stay tuned for further updates on this evolving story.

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