Luzzu oil field explained

Luzzu
Country:Malta
Region:Mediterranean Sea
Offonshore:Offshore
Operator:Mediterranean Oil & Gas
Discovery:2006
Start Production:2015
Oil Production Bbl/D:100000
Est Oil Bbl:5140
Est Oil T:690

The Luzzu oil field is an oil field located in the Mediterranean Sea. It was discovered in 2006 and developed by Mediterranean Oil & Gas. It begin production in 2015 and will produce oil. The total proven reserves of the Luzzu oil field are set between 2.42 billion barrels (325×106tonnes) and 13 billion barrels (1745×106tonnes) with the mean of 5.14 billion barrels (690×106tonnes), and production will be centered on 100000oilbbl/d.[1] [2]

Notes and References

  1. Web site: Mediterranean Oil & Gas Update. 2012. docstoc.com. 2013-05-30.
  2. Web site: Leni plans Mediterranean survey. 2007. offshore-mag.com. 2013-05-30.