Oman asset production average records 10,944 bopd in May

tethysoilTethys Oil’s share amounts to 30 per cent of the total production. (Image source: Tethys Oil)Oman's asset production recorded an average of 10,944 barrels of oil per day (bopd) with test production amounting to 339,270 barrels of oil in May 2012

Petroleum giant Tethys Oil’s share of the production, before government take, amounted to 30 per cent of the total production, or 101,781 barrels.

The tests were carried on Blocks 3 and 4 onshore the Sultanate of Oman from Early Production System (EPS).

According to sources, preparation work was initiated in the end of May for the launch of the export pipeline, connecting the oil fields with the national Omani transportation system. This pipeline is expected to be operational before the end of the second quarter.

The work affected oil production somewhat in May, and will continue to affect the June production.

Long term production tests have been carried out on wells from both the Saiwan East oil field on Block 4 and the Farha South oil field on Block 3. Production rates have shown a wide range of variation depending on test programme design and available capacity.

Tethys has a 30 per cent interest in Blocks 3 and 4 while partners, Mitsui E&P Middle East B.V, have 20 per cent. The operator CC Energy Development SAL (Oman branch) holds the remaining 50 per cent.

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