<b>First Development Plan for a Small Offshore Field</b> This work describes the proposed development program for the accumulations in the virtual Beta field located in Libya offshore. In 2018, the contractor informed the Management Committee about the Commercial discovery of Beta field. This development plan has been prepared for submission to the Management for its consideration. After collecting all the available data including geological data, reservoir data, drilling data, production data, economical data, and environmental data. The suitable assumption has been made. All the modules were built with suitable sensitivities. The important results were laid out with some recommendations in each section. Due consideration is paid to the environmental impact and all the possible use is made of the existing infrastructure. Field, Development Plan Discovery, Oil, Reservoir Management, Depletion 467-478 Issue-1 Volume-5 Alfitouri Ibrahim Jellah