Nasser is a producing conventional oil field located onshore Libya and is operated by Sirte Oil . The field is located in block Arean 89/6,90/6 & 105/6.

Field participation details

The field is owned by National Oil Corporation of Libya.


Production from Nasser

The Nasser conventional oil field recovered 97.18% of its total recoverable reserves, with peak production in 1970. The peak production was approximately 578.94 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2032. The field currently accounts for approximately 3% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 73.69 Mmboe, comprised of 73.69 Mmbbl of crude oil & condensate. Nasser conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.


About Sirte Oil

Sirte Oil Co (Soc ), a subsidiary of National Oil Corporation of Libya is an oil and gas company that explores, produces and markets crude oil and natural gas. The company’s oil refinery products include kerosene, diesel oil, heavy oil, light naphtha, super benzene, light fuel and jet fuel. Its activities comprise refining of crude oil, liquefaction of natural gas and petrochemicals. SOC provides petrochemicals such as methanol, ammonia and urea. The company operates oil and associated gas fields such as nasser, raguba, lehib, jebel, wadi, ralah, arshad, ain jerbi and al wafa; and non-assocaited gas fields such as hateiba, sahl, assamound, meghil, sorrah and attahaddy. SOC is headquartered in Tripoli, Libya.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.