Waha field
Waha Field | |
---|---|
Country | Libya |
Location/block | Sirte Basin |
Offshore/onshore | Onshore |
Coordinates | 28°17′56″N 19°55′19″E / 28.299°N 19.922°E |
Operators | Waha Oil Company |
Partners | National Oil Corporation |
Field history | |
Discovery | 1961 |
Start of production | 1969 |
Peak of production | NA |
Abandonment | NA |
Production | |
Current production of oil | 350,000 barrels per day (~1.7×10 7 t/a) |
Producing formations | NA |
Waha field is an oil field located in the Libya Sirte basin[1] and owned by the Waha Oil Company (WOC), which is a subsidiary of the National Oil Corporation (NOC). During 2006, the Waha fields produced around 350,000 barrels (56,000 m3) per day, down from around 1 Mbbl/d (160,000 m3/d) in 1969 and 400,000 bbl/d (64,000 m3/d) in 1986.[citation needed] However, WOC expects to increase Waha output by around 200,000 bbl/d (32,000 m3/d) over the next couple of years. In 2005, ConocoPhillips and co-venturers reached an agreement with NOC to both return to its operations in Libya and to extend the Waha concession by another 25 years. ConocoPhillips operates the Waha fields with a 16.33% share in the project. NOC has the largest share of the Waha concession at 59.17%, and additional partners include Marathon Oil (16.33%), and Amerada Hess (8.17%).[2] The Waha oil field was captured by ISIS soldiers on March 5, 2015[3] but has since been recaptured.
Notes
[edit]- ^ Lewis, C.J. "Sarir Field" (PDF). AAPG: 253-267. Retrieved 25 August 2019.
- ^ "Libya Energy Data, Statistics and Analysis: Oil, Gas, Electricity, Coal" (PDF). Energy Information Administration (EIA). United States Department of Energy: 1-10. July 24, 2007. Retrieved 25 August 2019.
- ^ Faucon, Benoît; Summer Said (4 March 2015). "Libya Declares Force Majeure Over Oil Fields in Central Region". The Wall Street Journal. Dow Jones & Company, Inc. Retrieved 25 August 2019.
External links
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