The facilities above the wells had been shelled by Gaddafi loyalists, which brought production to a halt. But rebels are confident they could soon have oil flowing again down the pipeline to Tobruk, which they say has not been damaged. This would bring back an estimated 300,000 b/d of production, which could help the constrained oil markets.
The news, which was broken by Petroleum Economist, does not appear to have made a dent in the oil price though, which has bounced back after a shaky start this morning. That may be because the rebels have made similar predictions before, telling the FT in early March that production could restart in two weeks.