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Raguba Field
The Raguba field is an oil field located in the central part of Libya's Sirte Basin in Concession 20. The Sirte Oil Company (SOC) operates the Raguba field. The field is connected by pipeline to the main line between the Nasser field, one of the largest in Libya, and Brega. Raguba field has 80 wells producing high gravity (43 °API) oil. The first exploration oil well in this field was drilled in January 1961 with production commencing in 1963. By the end of 2005, the field had produced 787 million standard barrels of oil and of associated gas. Sirte Basin Libya's onshore oil has been discovered mainly in three geological trends of the Sirte Basin: 1) the western fairway, which includes several large oil fields (Samah, Beida, Raguba, Dahra-Hofra, and Bahi); 2) the north-center of the country, which contains the giant Defa-Waha field and Nasser fields, as well as the large Hateiba gas field; and 3) an easterly trend, which has large fields like Sarir, Messla, Gialo, Bu Attif ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sirte Oil Company
Sirte Oil Company (SOC) ( ar, شركة سرت للنفط) is an oil and gas company in Libya operating under the state-owned National Oil Corporation (NOC). The company is located in Brega SOC’s operations include oil and gas exploration and production (E&P) and manufacturing. Background The company was initially known as Esso Standard Libya Inc., the first company to discover commercial quantities of crude oil in the Zelten oil field. In 1981, Exxon (parent company of Esso Standard) withdrew their Libyan operations, after which Sirte Oil Company was formed as a NOC subsidiary. It was established to operate the former Esso Sirte installation like the Marsa el-Brega refinery. In 1986, SOC took over the assets of Grace Petroleum, one of the five US companies forced by the U.S. government to leave Libya. In 1991, SOC merged with the National Petrochemical Company, creating the Sirte Oil Company for Production, Manufacturing of Oil and Gas. Activities included oil refining, liquefa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Oil Company
A national oil company (NOC) is an oil and gas company fully or in the majority-owned by a national government. According to the World Bank, NOCs accounted for 75% global oil production and controlled 90% of proven oil reserves in 2010. Due to their increasing dominance over global reserves, the importance of NOCs relative to International Oil Companies (IOCs), such as ExxonMobil, BP, or Royal Dutch Shell, has risen dramatically in recent decades. NOCs are also increasingly investing outside their national borders. See also * List of petroleum companies * Nationalization of oil supplies External links National Oil Companies and Value Creation(World Bank The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Interna ... study, 2010) References Petroleum economics {{Petroleum-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nasser Field
The Zelten oil field (now known as the Nasser field) is located at the foot of the Zelten Mountains, about south of Brega in Concession 6. Zelten holds the title as the largest oil field in the Gulf of Sidra. The 229 wells in Zelten use a gas lifting system. The Zelten oil field is not associated with the town Zelten, which is located in the North-West of Libya. Background Discovered in 1956, Zelten was Libya's first major oil well, producing about . In 1959, its reserves were estimated at of 38° API oil, lying at 5,500-7,600 feet. Esso Standard began production of Zelten in 1961. The Zelten gas-lift system was installed during the period from 1969 to 1971 and represented one of the first uses of gas lift on a fieldwide basis to produce the high volume wells typical of Middle East Oil fields. In 1979, approximately of total liquid was being produced by gas lift. By 2006, the accumulated production of the Zelten field reached 2,426 mmb of oil and of associated gas. Sirte Oil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brega
Brega , also known as ''Mersa Brega'' or ''Marsa al-Brega'' ( ar, مرسى البريقة , i.e. "Brega Seaport"), is a complex of several smaller towns, industry installations and education establishments situated in Libya on the Gulf of Sidra, the most southerly point of the Mediterranean Sea. It is located in the former Ajdabiya District, which in 2007 was merged into the Al Wahat District. The town is the center of Libya's second-largest hydro-carbon complex. During the Libyan Civil War, the town quickly fell under control of the Libyan opposition. Government forces attempted to capture the town on 2 March but were repelled; their attack on 13 March was successful, though rebels later recaptured it on 26 March. In April the rebels were again driven out of the Brega area, and a several months long stalemate formed. On 11 August 2011, the rebels claimed they had retaken the eastern part of Brega. Geography The assigned settlement near the refinery and oil terminal is known ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Well
An oil well is a drillhole boring in Earth that is designed to bring petroleum oil hydrocarbons to the surface. Usually some natural gas is released as associated petroleum gas along with the oil. A well that is designed to produce only gas may be termed a gas well. Wells are created by drilling down into an oil or gas reserve that is then mounted with an extraction device such as a pumpjack which allows extraction from the reserve. Creating the wells can be an expensive process, costing at least hundreds of thousands of dollars, and costing much more when in hard to reach areas, e.g., when creating offshore oil platforms. The process of modern drilling for wells first started in the 19th century, but was made more efficient with advances to oil drilling rigs during the 20th century. Wells are frequently sold or exchanged between different oil and gas companies as an asset – in large part because during falls in price of oil and gas, a well may be unproductive, but if price ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Onshore (hydrocarbons)
Onshore, when used in relation to hydrocarbons, refers to an oil, natural gas or condensate field that is under the land or to activities or operations carried out in relation to such a field. Onshore may also refer to processes that take place on land that are associated with oil, gas or condensate production that has taken place offshore. The offshore production facility delivers oil, gas and condensate by pipelines to the onshore terminal and processing facility. Alternatively oil may be delivered by ocean-going tanker to the onshore terminal. Onshore oil terminals Onshore oil terminals may include large crude oil tanks for the initial storage of oil prior to processing. Such tanks provide a buffer volume where oil is delivered by tanker. The oil tanker delivery rate is considerably greater than the processing capacity of the plant. Crude oil tanks also allow offshore production to continue if the export route becomes unavailable. Onshore oil terminals generally have f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Geological
Geology () is a branch of natural science concerned with Earth and other astronomical objects, the features or rocks of which it is composed, and the processes by which they change over time. Modern geology significantly overlaps all other Earth sciences, including hydrology, and so is treated as one major aspect of integrated Earth system science and planetary science. Geology describes the structure of the Earth on and beneath its surface, and the processes that have shaped that structure. It also provides tools to determine the relative and absolute ages of rocks found in a given location, and also to describe the histories of those rocks. By combining these tools, geologists are able to chronicle the geological history of the Earth as a whole, and also to demonstrate the age of the Earth. Geology provides the primary evidence for plate tectonics, the evolutionary history of life, and the Earth's past climates. Geologists broadly study the properties and processes of Ear ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Reserves
An oil is any polarity (chemistry), nonpolar chemical substance that is composed primarily of Hydrocarbon, hydrocarbons and is hydrophobe, hydrophobic (does not mix with water) & lipophilicity, lipophilic (mixes with other oils). Oils are usually flammable and surfactant, surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal fats, animal, vegetable oil, vegetable, or petrochemical in origin, and may be Volatility (chemistry), volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Oil Fields
This list of oil fields includes some major oil fields of the past and present. The list is incomplete; there are more than 25,000 oil and gas fields of all sizes in the world. However, 94% of known oil is concentrated in fewer than 1500 giant and major fields. Most of the world's largest oilfields are located in the Middle East, but there are also supergiant (>10 billion bbls) oilfields in Brazil, Mexico, Venezuela, Kazakhstan, and Russia. Amounts listed below, in billions of barrels, are the estimated ultimate recoverable petroleum resources (proved reserves plus cumulative production), given historical production and current extraction technology. Oil shale reserves (perhaps ) and coal reserves, both of which can be converted to liquid petroleum, are not included in this chart. Other non-conventional liquid fuel sources are similarly excluded from this list. Oil fields greater than {, class="wikitable sortable" ! Field !! Location !! Discovered !! Started production !! ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
