Waha field
Waha field is an oil field located in the Libya sirte basin and owned by the Waha Oil Company, which is a subsidiary of the National Oil Corporation. During 2006, the Waha fields produced around per day, down from around in 1969 and in 1986. However, WOC expects to increase Waha output by around over the next couple of years. In 2005, ConocoPhillips and co-venturers reached an agreement with NOC to both return to its operations in Libya and to extend the Waha concession by another 25 years. ConocoPhillips operates the Waha fields with a 16.33% share in the project. NOC has the largest share of the Waha concession at 59.17%, and additional partners include Marathon Oil, and Amerada Hess.
The Waha oil field was captured by ISIS soldiers on March 5th 2015 but has since been recaptured.
