El-Sharara is a producing conventional oil field located onshore Libya and is operated by Akakus Oil Operations. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block NC 115 (Area 129 & 130). Buy the profile here.
Field participation details
The field is owned by National Oil, OMV, Repsol and TotalEnergies.
Production from El-Sharara
The El-Sharara conventional oil field recovered 54.47% of its total recoverable reserves, with peak production in 2022. Based on economic assumptions, production will continue until the field reaches its economic limit in 2024. The field currently accounts for approximately 22% of the country’s daily output.
For more details on the El-Sharara Conventional Oil Field, buy the profile here.