Sarir Field Complex is a producing conventional oil field located onshore Libya and is operated by Arabian Gulf Oil. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block NC 65 (Area 123 & 124). Buy the profile here.
Field participation details
The field is owned by National Oil.
Production from Sarir Field Complex
The Sarir Field Complex conventional oil field recovered 97.71% of its total recoverable reserves, with peak production in 1970. The peak production was approximately 408.00 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2036. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 109.38 Mmboe, comprised of 109.38 Mmbbl of crude oil & condensate. Sarir Field Complex conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.
About Arabian Gulf Oil
Arabian Gulf Oil Co (AGOCO), a subsidiary of National Oil Corporation of Libya is an oil and gas company that offers oil and gas exploration and development services. The company explores and produces natural gas and crude oil. It offers services such as exploration, development, maintenance, oil and gas production, oil refineries and technique for oil and gas production. AGOCO also operates through its departments such as department of transport, management to prevent losses, management services, and protect the environment, department of communication, management of refineries, upstream operations, department of geophysics, drilling engineering management, and department of geology. The company has its operations in Messla, Naffora, Sarir, Beda, and Hammada, Libya. AGOCO is headquartered in Benghazi, Libya.
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