New Rigs Arrive at Halfaya

By John Lee.

The Missan Oil Company (MOC) has announced that new oil rigs are being installed at the Halfaya oil field to increase the number of new wells in the second stage of developing the field.

The Director General of the company said that two new rigs belonging to PetroChina have already arrived and another two will soon be available, bringing the total to 10 (in addition to two that are under repair).

According to the MOC, the field is estimated to hold about 16 billion barrels of oil and large amounts of gas.

(Source: MOC)

(Picture: PetroChina rig at Halfaya)

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