Murzuq 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 186 (Area 130 & 131). Buy the profile here.
Field participation details
The field is owned by Equinor, National Oil, OMV, Repsol and TotalEnergies.
Production from Murzuq
The Murzuq conventional oil field recovered 87.72% of its total recoverable reserves, with peak production in 2010. The peak production was approximately 115.17 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2028. The field currently accounts for approximately 6% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 54.32 Mmboe, comprised of 54.32 Mmbbl of crude oil & condensate. Murzuq conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
For more details on the Murzuq Conventional Oil Field, buy the profile here.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
