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LIBYA - The Fields.


There are 12 oilfields in Libya with reserves of more than 1 bn barrels in each. The fields of NOC (Network Operations Center) A central or regional location for monitoring a large network. Also called a "network management center" (NMC), "service management center" (SMC) or "network control center" (NCC), a NOC may be used to manage a large enterprise network,  are mainly in the Sirte Basin The Sirte Basin is a late Mesozoic and Tertiary triple junction continental rift (extensional basin) along northern Africa that was initiated during the late Jurassic Period. It borders a relatively stable Paleozoic craton and cratonic sag basins along its southern margins. , the most prolific oil province covering the north-central and north-eastern parts of Libya. There are another two fields with 500m to 1 bn barrels each.

NOC holds 51% in North African Geophysical Exploration Co. which started up in August 1988 and does extensive work. The 49% partner Western Geophysical Co. (WGC WGC World Gold Council
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WGC World Gaming Center
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WGC Whole Grains Council
WGC Wild Goose Chase
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) of Calgary, a unit of Dresser Atlas Co. of Houston.

An important unit at NOC, the National EOR EOR - exclusive or  Committee formed in 1981, assesses the full potential of Libya's oilfields and oversees EOR projects. The first EOR system in Libya was installed in 1969 at the Intisar D field.
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Publication:APS Review Oil Market Trends
Geographic Code:1USA
Date:Jul 11, 2005
Words:125
Previous Article:LIBYA - The US Companies.
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