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| '''Waha Field''' |
| Country: |
Libya |
| Location/Block(s): |
Sirte Basin |
| Offshore/Onshore: |
Onshore |
| Operators: |
 Waha Oil Company |
| Partners: |
National Oil Corporation |
 |
| Field History |
| Discovery: |
1961 |
| Start of production: |
1969 |
| Peak of production: |
NA |
| Expected Abandonment: |
NA |
| Production |
| Current Production Oil (Bod): |
350,000 bpd (2006) |
| Current Production Gas (Mcfd): |
NA |
| Producing Formations: |
NA |
Waha field is an oil field located in Libya and owned by the Waha Oil Company (WOC), which is a subsidery of the National Oil Corporation (NOC). During 2006, the Waha fields produced around 350,000 barrels per day (bpd), down from around 1 million bpd in 1969 and 400,000 bbl/d (64,000 m³/d) in 1986. However, WOC expects to increase Waha output by around 200,000 bbl/d (32,000 m³/d) over the next couple of years. In 2005, ConocoPhillips and co-venturers reached an agreement with NOC to both return to its operations in Libya and to extend the Waha concession by another 25 years. ConocoPhillips operates the Waha fields with a 16.33% share in the project. NOC has the largest share of the Waha concession at 59.17%, and additional partners include Marathon (16.33%), and Amerada Hess (8.17%).[1]
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