Asset report
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30 Pages

Waha Operated Fields

Waha Operated Fields

Report summary

The Waha concessions are located in the Sirte Basin in eastern Libya. Over 50 discoveries have been made since the acreage was awarded in 1955 to the original Oasis Oil Company (a consortium of Conoco, Marathon and Amerada Hess). Oil production peaked at 950,000 b/d in 1970. In 1986, all US companies were forced to withdraw from Libya by the US Government. The US companies re-gained their interests in the fields in late 2005, following an improvement in relations between Libya and the US. Following the re-entry of the US companies, oil production stabilised at around 360,000 b/d. Since the civil war in 2011, production has been severely impacted by ongoing labour strikes, blockades of export terminals and a general deterioration in security affecting Libya. Political unrest in December 2014 led to force majeure at the export ports of Es Sider and Ras Lanuf. Extensive damage was sustained at both ports in January 2016 following militant attacks.

What's included?

This report includes 2 file(s)

  • Waha Operated Fields PDF - 607.74 KB 30 Pages, 18 Tables, 10 Figures
  • Waha Operated Fields XLS - 790.50 KB

Description

Lower oil prices and a call for increased returns from shareholders has caused a subtle shift to occur in the upstream oil and gas industry. This shift is increasing investment opportunities and driving capital discipline.

In this Upstream Oil and Gas Field report you'll find information about participation, exploration, geology, reserves, production, infrastructure, cost, economics and much more.

For potential investors, governments and companies in the oil and gas sector, this report provides an understanding of critical issues at the field level. It will help give you a commercial view of the field and recognise potential benefits and risks.

Wood Mackenzie has over 40 years of experience in commercial analysis and field valuations. Our analysts produce forward-looking analyses, backed by our robust proprietary database of trusted research.

Covering more than 105 countries, we are the recognised gold standard in commercial data and analysis.

  • Key facts
  • Summary and key issues
    • Summary
    • Key issues
  • Location maps
  • Participation
  • Well data
  • Exploration
  • Reserves and resources
  • Production
    • Oil
      • Pre-conflict production
      • Post-conflict production
      • Incremental production
    • Gas
  • Development
    • Remedial projects
      • Dahra redevelopment
    • Growth projects
      • Faregh
      • North Gialo
      • NC98
      • Other probable developments
  • Infrastructure
  • Costs
    • Exploration Costs
    • Capital Costs
    • Operating Costs
  • Sales contracts
  • Fiscal and regulatory
    • Returning US Companies Re-entry Agreement
    • Royalty
    • Depreciation
    • Profit Margin
    • Tax
    • Fiscal Renegotiation
  • Economic assumptions
    • Cash Flow
    • Discount rate and date
    • Inflation rate
    • Oil price
    • Gas Price
    • Re-entry Cost
    • Abandonment Costs
    • Global Economic Model (GEM) File
  • Economic analysis

In this report there are 28 tables or charts, including:

  • Key facts
    • Key facts: Table 1
  • Summary and key issues
  • Location maps
    • Index Map
    • Waha Operated Fields
  • Participation
    • Participation: Table 1
  • Well data
    • Well data: Table 1
  • Exploration
    • Exploration: Table 1
  • Reserves and resources
    • Reserves and resources: Table 1
    • Reserves and resources: Table 2
  • Production
    • Production: Table 1
    • Production: Table 2
    • Production Profile (pre-2006)
    • Production Profile (2006-2031)
    • Production Profile (post-2031)
  • Development
  • Infrastructure
    • Infrastructure: Table 1
    • Infrastructure: Table 2
  • Costs
    • Costs: Table 1
    • Costs: Table 2
    • Costs: Table 3
    • Costs: Table 4
  • Sales contracts
    • Sales contracts: Table 1
  • Fiscal and regulatory
  • Economic assumptions
  • Economic analysis
    • Cash Flow
    • Economic analysis: Table 2
    • Economic analysis: Table 3
    • Split of Revenues
    • Cumulative Net Cash Flow - Undiscounted
    • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2017
    • Remaining Revenue Distribution (Discounted at 10% from 01/01/2017)
    • Remaining PV Price Sensitivities
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