Sarir Field | |
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Country | Libya |
Location/block | Sirte Basin, Concession 65 |
Offshore/onshore | Onshore |
Coordinates | 28°13′N 19°08′E / 28.22°N 19.13°E |
Operator | Arabian Gulf Oil Company |
Partner | National Oil Corporation |
Field history | |
Discovery | 1961 |
Start of production | 1961 |
Peak of production | NA |
Abandonment | NA |
Production | |
Estimated oil in place | 2,922 Mbbl (464,600,000 m3) (Sarir C): 1,200 Mbbl (190,000,000 m3) (Sarir L) |
Estimated gas in place | 0.6×10 12 cu ft (17 km3) (Sarir C) |
Producing formations | Cretaceous, Pre-Upper Cretaceous Fluvial Sandstones |
The Sarir Field was discovered in southern Cyrenaica during 1961 and is considered to be the largest oil field in Libya, with estimated oil reserves of 12 Gbbl (1.9 km3).[1] Sarir is operated by the Arabian Gulf Oil Company (AGOCO), a subsidiary of the state-owned National Oil Corporation (NOC).