Project Profile
Value: Undisclosed
Location: Area 90/91, in the eastern Sirte basin,50km north of Augila oasis, Libya
Reserves: Estimated remaining reserves of 57.44 million barrels (2010)
Production: 9.36 million barrels
Depth: 2,300 to 12,000
Amal Field - Block NC12 (area 90/91) is located in the eastern part of the Sirte basin and is around 50km north of the Augila oasis in Libya. The latitude and the longitude of the field are 29° 25\' 0 N and 21° 10\' 0 E. Amal is an onshore field that extends to more than 100,000 acres. The field includes eight different reservoirs and is at a depth ranging from 2,300 to 12,000 feet below the surface. The field produces around one-third of Libya\'s total oil production. The field is owned by Harouge Oil Operations (previously Veba Oil Operations) that is a joint venture between National Oil Corporation (NOC), Libya and Petro-Canada. Both the partners have an equal stake of 50% in the venture. Petro-Canada entered into agreement in 2007 with NOC for the redevelopment of the field that included pipeline and facility upgrades, development drilling and other expansion. The oil produced at the field has an API ranging between 36° to 38°and has a high wax content. The sulfur content in the oil is estimated to be around 0.45%. The field had estimated recoverable reserves of approximately 4.2 billion barrels when it was discovered in 1959. The estimated remaining reserves of the field in 2010 were estimated to be around 57.44 million barrels. The current production of oil from the field is around 9.36 million barrels. The oil production from the field is likely to decline at a natural rate of 7-8% annually.
Amal is a very strategic field not only in terms of its production and reserves, but also key for the export of crude oil from this part of the Sirte Basin. About one third of Libya’s production is received at the Amal Field from other fields located in the eastern part of the Sirte Basin and pumped to the Ras Lanuf Terminal. Significant crude oil quantities are received at the Amal Field from AGOCO and Wintershall and pumped to Ras Lanuf Terminal through a 36 inch pipeline. Additionally, crude oil from AGOCO’s Messla Field is pumped via a 30 inch pipeline to the RASCO refinery, which is located adjacent to the Ras Lanuf Terminal. For most of the wells artificial lift technologies are used, gas lift represents the predominant technology. The remaining oil potential of the field is addressed by Harouge by applying more sophisticated technologies, such as produced water re-injection, horizontal drilling and reservoir stimulation.
Amid the unrest and fighting with IS. efforts here have been put on hold.
Operator:
Harouge Oil Operations (joint venture operator of Libya’s National Oil Corporation and Petro-Canada): with 100% interest