Record announced that a single Loba well in Gabon could produce 5,000 barrels per day. The company anticipates this could lead to a 20,000 barrels per day development.
Potential new oil production capacity in Gabon could impact global supply dynamics if the Loba well's output is realized.
This announcement from Record highlights potential new oil production capacity in Gabon. If successful, the Loba well's output could significantly contribute to the region's oil production, impacting global supply dynamics.
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