Project Profile
Value: US$400 Million
Location: Onshore Oman
Start-up Year: 2012
Area: 992 km2
Block 5 covers an area of 992 km2 and contains four producing fields. The four fields are the Daleel (Shuaiba) field, the Shadi field, the Mazoon field and the Bushra field. Of the four producing fields, The Daleel (Shuaiba) field is by far the most prolific field with more than 50 million barrels produced to date. It consists of several fault blocks N-S oriented, each with different hydrocarbon distribution and pressure regime.
The project looks to double oil production from Block 5 onshore Oman, achieving a target production of 30,000 b/d by 2012. The drilling programme involves appraisal, production and water injection wells.
Operator:
Daleel Petroleum Company: Operator with 50% interest
Petrogas E&P: 25% interest
China National Petroleum Corp (CNPC): 25% interest