Project Profile

Location: Eastern part of Oman
Area: 29,130 km2
Production:  12,240 bpd (October, 2016)
Start-up Year: 2011

In 2007, Tethys Oil acquired a 50% stake in Blocks 3 and 4 onshore Oman. After successful drillings on all Blocks, Oman has become Tethys Oil’s undisputed core area. After a farm out, Tethys holds a 30% stake in Blocks 3 and 4. Partners are Mitsui E&P Middle East B.V. with 20% and the operator CC Energy Development S.A.L. (Oman branch) holding the remaining 50%. Block 3 and 4 is situated in the eastern part of Oman and covers an combined area of about 30,000 square kilometres. In 2009, the current drilling programme on the Blocks was launched. In 2010, an Early Production System for a long term production test on the Blocks was also launched. In December 2011, the production amounted to 248,031 barrels of oil, out of which Tethys’ share, before government take, amounts to 30% of the total, or 74,409 barrels. During the end of 2009 and spring of 2010, a comprehensive 3D seismic survey was conducted over the Farha trend. The study covered a total of 742 square kilometres on Block 3. The seismic acquisition was conducted by BGP Oil and Gas Services of China.


Operators:

Consolidated Contractors Energy Development (Oman) Ltd: Operator with 50% interest

Tethys Oil AB: 30% interest

Mitsui: 20% interest


Contractors:

BGP Oil and Gas Services: Seismic Survey