El Sharara Oil Field
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El Sharara Oil Field
The El Sharara oil field is an oil field located in Murzuq Desert. It was discovered in 1980 and developed by Petrom. The oil field is operated and owned by Repsol. The total proven reserves Proven reserves (also called measured reserves, 1P, and reserves) is a measure of fossil fuel energy reserves, such as oil reserves, natural gas reserves, and coal reserves. It is defined as the " antity of energy sources estimated with reasona ... of the El Sharara oil field are 3 billion barrels (403×106tonnes), and production is centered on . References Oil fields of Libya {{Libya-geo-stub ...
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Libya
Libya (; ar, ليبيا, Lībiyā), officially the State of Libya ( ar, دولة ليبيا, Dawlat Lībiyā), is a country in the Maghreb region in North Africa. It is bordered by the Mediterranean Sea to the north, Egypt to Egypt–Libya border, the east, Sudan to Libya–Sudan border, the southeast, Chad to Chad–Libya border, the south, Niger to Libya–Niger border, the southwest, Algeria to Algeria–Libya border, the west, and Tunisia to Libya–Tunisia border, the northwest. Libya is made of three historical regions: Tripolitania, Fezzan, and Cyrenaica. With an area of almost 700,000 square miles (1.8 million km2), it is the fourth-largest country in Africa and the Arab world, and the List of countries and outlying territories by total area, 16th-largest in the world. Libya has the List of countries by proven oil reserves, 10th-largest proven oil reserves in the world. The largest city and capital, Tripoli, Libya, Tripoli, is located in western Libya and contains over ...
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Murzuq Desert
The Murzuq Desert, Idehan Murzuq, Idhan Murzuq, (also Murzaq, Murzuk, Marzuq and Murzak), is an erg in southwestern Libya with a surface of approximately 58,000 km2. It is named after the town of Murzuk in the Fezzan. Like the Idehan Ubari further north, the Idehan Murzuq is part of the greater Sahara Desert region. It is separated from the southern Sahara Desert by the Tibesti Mountains and the Tassili n'Ajjer. Dune pattern The ''“Draa”'' dunes (from the Arabic for “arm”) are very large masses of sand in the western part of Libya's vast Murzuq Desert, and they appear in satellite images as a broad network of yellow-orange sand masses, with smooth-floored, almost sand-free basins between them. Geologists think that the ''draa'' of the Marzuq were probably formed by winds different from the prevailing north-northeast winds of today. Numerous smaller dunes have developed on the backs of the ''draa''. Three distinct dune types are visible in satellite images of the region: * ...
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Akakus Oil Operations
The Acacus Mountains or Tadrart Akakus ( ar, تدرارت أكاكوس / ALA-LC: ''Tadrārt Akākūs'') form a mountain range in the desert of the Ghat District in western Libya, part of the Sahara. They are situated east of the city of Ghat, Libya, and stretch north from the border with Algeria, about . The area has a particularly rich array of prehistoric rock art. History Etymology ''Tadrart'' is the feminine form of "mountain" in the Berber languages (masculine: ''adrar''). Rock art The area is known for its rock art and was inscribed as a UNESCO World Heritage Site in 1985 because of the importance of these paintings and carvings. The paintings date from 12,000 BCE to 100 CE and reflect cultural and natural changes in the area. There are paintings and carvings of animals such as giraffes, elephants, ostriches and camels, but also of humans and horses. People are depicted in various daily life situations, for example while making music and dancing. File:Tadrart ...
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Oil Field
A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the presence of high heat and pressure in the Earth's crust. Petroleum reservoirs are broadly classified as ''conventional'' and '' unconventional'' reservoirs. In conventional reservoirs, the naturally occurring hydrocarbons, such as crude oil or natural gas, are trapped by overlying rock formations with lower permeability, while in unconventional reservoirs, the rocks have high porosity and low permeability, which keeps the hydrocarbons trapped in place, therefore not requiring a cap rock. Reservoirs are found using hydrocarbon exploration methods. Oil field An oil field is an area of accumulation of liquid oil underground in multiple (potentially linked) reservoirs, trapped as it rises by impermeable rock formations. In industrial terms, an o ...
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Petrom
OMV Petrom S.A. is a Romanian integrated oil company, controlled by Austria's OMV. It is one of the largest corporations in Romania and the largest oil and gas producer in Southeast Europe. Since 2004 it is a subsidiary of OMV. History In late 2004, Petrom was privatized by the Romanian state and sold to Austrian oil company OMV, which acquired of the previous SNP Petrom SA. , it was the largest privatization deal in Romania's history. Until 2005, Petrom owned six offshore drilling platforms, of which five, GSP Atlas, GSP Jupiter, GSP Orizont, GSP Prometeu and GSP Saturn were sold to Grup Servicii Petroliere for US$100 million. In January 2006, Petrom purchased OMV's operations in Romania, Bulgaria and Serbia and Montenegro. As a result of the transaction, the gas station networks of OMV were transferred to Petrom, but continued to operate under the OMV brand. From 1 January 2010, the company changed its name to OMV Petrom.
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Repsol
Repsol S.A.
El Nuevo Herald, 2012-05-31
Originally an initialism for ''Refinería de Petróleos de '' adding the word ''Sol'' (Sun) () is a Spanish multinational energy and petrochemical company based in . It is engaged in worldwide and



Proven Reserves
Proven reserves (also called measured reserves, 1P, and reserves) is a measure of fossil fuel energy reserves, such as oil reserves, natural gas reserves, and coal reserves. It is defined as the " antity of energy sources estimated with reasonable certainty, from the analysis of geologic and engineering data, to be recoverable from well established or known reservoirs with the existing equipment and under the existing operating conditions." A reserve is considered proven if it is probable that at least 90% of the resource is recoverable by economically profitable means. Operating conditions are taken into account when determining if a reserve is classified as proven. Operating conditions include operational break-even price, regulatory and contractual approvals, without which the reserve cannot be classified as proven. Price changes therefore can have a large impact on the classification of proven reserves. Regulatory and contractual conditions may change, and also affect the am ...
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