Project Profile
Location: Concession 20, Sirte Basin, Libya
Start-up Year: 1963
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 859×109 cu ft (2.43×1010 m3) of associated gas.
Amid the unrest and fighting with IS efforts here have been put on hold.
Operators:
Sirte Oil Company (SOC) (subsidiary of National Oil Corporation of Libya): Operator with 100% interest