Sirte Basin - Petroleum Occurrence

Petroleum Occurrence

In 2007, the Energy Information Administration estimated that the Sirte Basin Province contains approximately 80% of Libya's total proven oil reserves (41.5 billion barrels (6.60×109 m3) as of January 2007) and accounted for roughly 90% of the country's total oil output, which was 1.80 Mbbl/d (286,000 m3/d) in 2006. Over twenty-three large oil fields and sixteen giant oil fields occur in the province. Libya's onshore oil has historically been discovered mainly within the confines of three major geological trends occurring in the Sirte Basin:

  1. Western fairway
  2. North-central Libya
  3. Easterly trend

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