Asset Report

Area 47

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The Area 47 fields are located onshore in Libya's Ghadames basin, 150 kilometres east of the Tunisian border. The block is operated by Nafusah Oil Operations BV, a Joint Operating Company (JOC) between MedcoEnergi and Libya's National Oil Corporation (NOC).Area 47 is surrounded by Silurian and Devonian oil discoveries and is analogous to the Adam fields in southern Tunisia. Exploration began in 2005, resulting in 12 discoveries made by Verenex Energy and MedcoEnergi at the end of ...

Table of contents

  • Key facts
    • Summary
    • Key issues
  • Location maps
  • Participation
  • Well data
  • Exploration
  • Reserves and resources
  • Production
  • Development
  • Infrastructure
    • Exploration costs
    • Capital costs
    • Operating costs
  • Sales contracts
    • Production sharing
    • Cash flow
    • Discount rate and date
    • Inflation rate
    • Oil price
    • Gas price
    • Global Economic Model (GEM) File
  • Economic analysis

Tables and charts

This report includes 23 images and tables including:

  • Key facts: Table 1
  • Index map
  • Area 47 map
  • Participation: Table 1
  • Participation: Table 2
  • Well data: Table 1
  • Exploration: Table 1
  • Reserves and resources: Table 1
  • Reserves and resources: Table 2
  • Production: Table 1
  • Production: Table 2
  • Production profile
  • Infrastructure: Table 1
  • Sales contracts: Table 1
  • Cash flow
  • Economic analysis: Table 2
  • Economic analysis: Table 3
  • Economic analysis: Table 4
  • Remaining PV Price Sensitivities
  • Costs: Table 1
  • Costs: Table 2
  • Fiscal and regulatory: Table 1
  • Fiscal and regulatory: Table 2

What's included

This report contains:

  • Document

    Area 47

    PDF 5.96 MB