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E & P News

2017

Dec 2016: BP (operator) announced that production has begun from Phase One of the Khazzan gas field in Block 61. The PSA was signed in 2007, was amended in 2013 and extended in 2016. Phase One is made up of 200 wells feeding into a two-train central processing facility and is expected to plateau at 10 bcm of gas a year with the second phase increasing this to 15 bcm.

2016

Dec 2016: The Ministry of Oil & Gas has included 4 four blocks in the Oman Bid Round 2016 (Blocks 30, 31, 49, and 52). Block 52 (Juzor Al Hallaniyyat) is the only offshore block.

Nov 2016: BP (operator, 60%) and Oman Oil (40%) signed a deal with the government to amend the Block 61 PSA Khazzan gas field area to the south and west of the original 2,700 square kms.

Oct 2016: The first phase of the Khazzan tight gas project operated by BP (60%), 350 kms south of Muscat, is 80% complete and on track to deliver first gas near the end of 2017. Equipment installation is now in progress for the 2-train gas processing facility whilst 38 of the 50 wells needed by first gas are already drilled with more than 300 planned. Oman Oil holds the remaining 40%.

Jun 2016: The Ministry of Oil and Gas plans to start tendering around 5 oil blocks around the country in October this year on a production sharing basis.

Feb 2016: BP (operator, 60%) and Oman Oil (40%) signed a deal to develop a second phase of the Khazzan gas field. The cost of the entire project is US$16 bn. Khazzan in Block 61 is a large tight gas accumulation with plateau production from both phases expected to be 16 bcm each year.

2015

Nov 2015: DNO (operator) reported production from the Bukha and West Bukha offshore fields in Block 8  averaged 7,323 bblsoe per day during the third quarter of 2015. The company may drill an additional development well to raise output at West Bukha.

Sep 2015: Gardline CGG will carry out surveys to determine the limits of the Omani continental shelf. The 3 phases will include 2D seismic with bathymetry, gravity and magnetic data; bathymetry and sub-bottom profiling; and deep water rock dredging.

Sep 2015: Oman has reduced its LNG exports in 2015 due to rising demand and a shortage of indigenous gas. The Khazzan gas project, due to start up in 2017, and eventual piped gas from Iran will help to offset declining exports.

Apr 2015: Total has pulled out of deep water Block 41 after failing to make commercial discoveries.  The company signed a PSA in December 2013 for the block in water depths up to 3,000m. In 2014 MOL pulled out from Block 34 and DNO from Block 31.

Feb 2015: - Oman is boosting oil output as much as possible with oil and gas accounting for 79% of revenue. It has no plans to join OPEC. There will also be some cost reduction but no activity reduction. The government is also in talks with Iran to build a  gas pipeline to transport gas from the South Pars field to Oman. Gas demand in Oman is growing at up to 10% each year.

2014

Aug 2014: The government has invited bids for 5 exploration blocks in its Oman Bid Round 2014. Two of the blocks are offshore (Blocks 18 and 59) and 3 onshore (Blocks 43A, 54 and 58). The deadline for the submission of bids is end October 2014.

Mar 2014: Petrofac has won a 4.5 year engineering and procurement contract worth US$1 bn from PDO for work on the Rabab Harweel Integrated Project (RHIP) on the Harweel cluster including sour gas processing, gathering and injection systems and export pipelines. Production will be 1.8 bcm per year of gas and 60,000 bbls per day of condensate plus injection gas.

Mar 2014: Masirah Petroleum announced an oil find in the GAS-1 well in offshore Block 50. A flow test achieved 3,000 bbls per day with no water. GAS-1 is the first offshore oil discovery east of Oman. Masirah is  a subsidiary of Lime Petroleum (64%) and Petroci (36%).

Feb 2014: Tethys Oil reports that the B4EW6 well, 13 kms south of the B4EW4 discovery in Block 4, has tested flows in excess of 2,200 bbls per day from the Lower Buah formation. The well has been hooked up to the production system for a long term production test. Tethys has 30% of Blocks 3 and 4 along with Mitsui (20%) and operator CC Energy (50%).

Jan 2014: BP expects up to 30% of Oman's gas supply will come from its Khazzan-Makarem tight gas field in Block 61 by the year 2020.

Jan 2014: Oman aims to produce oil at current levels for 3 years using IOR techniques to arrest an output decline. Oman's oil and condensate production averaged 930,000 bbls per day in 2013.

2013

Dec 2013: BP has signed a gas sales agreement and amended PSA for the development of the Khazzan tight gas field in Block 61. The full field development will involve drilling 300 horizontal wells over 15 years to deliver plateau production of 10 Bcm  of gas each year and 25,000 bbls per day of condensate by 2018. Total investment is US$16 bn. Oman Oil Company will hold 40%.

Feb 2013: DNO reports that production has declined from record rates last November in Block 8 to around 17,000 bbls per day of oil and condensate and 0.51 bcm per year of gas. Drilling of the third and final development well in the current campaign is expected to be completed in March and further drilling or well stimulation on the West Bukha field is being considered.

2012

Nov 2012: DNO announced that offshore Block 8 has climbed to 20,000 bbls per day of oil and condensate along with 0.6 Bcm per year of gas after a 2 well drilling program in the West Bukha field. Block 8 contains Oman's only offshore fields. The rig is to be moved to begin an appraisal well in the Bukha gas-condensate field.

Nov 2012: DNO has flowed the West Bukha-4 well in Block 8 at 7,000 bbls of oil per day with gas. West Bukha-4 will be connected to the export pipeline system and is expected to nearly double current oil production from the field to 15,000 bbls per day. The longest reach well drilled offshore Oman at nearly 6,000 m is the second of 3 wells to be drilled in Block 8. DNO International holds 50% with Korea's LG holding the remaining 50%.

Sep 2012: The exploration well B4EW3 on Block 4 has been successfully completed. It flowed 2,400 bbls per day from the Khufai formation and has been connected to production facilities at the Saiwan East oilfield to undergo a long term production test. A 36m oil column was encountered in the Khufai formation. The well was drilled 6 kms east of Saiwan. The operator of Blocks 3 and 4 is CC Energy Development with 50%. Tethys has 30% and Mitsui 20%.

Sep 2012: DNO has brought back online its West Bukha field off Oman after a five-month shutdown. Production from the field in Block 8, which was halted due to a blockage in the pipeline connecting it with the nearby Bukha field, has been restarted at a rate of 10,000 bbls per day of oil and 258 bcm per year of gas. Output from the Bukha field was not affected, running as normal at 400 bbls per day of liquids and 103 bcm per year of gas.

Sep 2012: BP will invest US$24 bn for the first phase full-field development of Block 61 Khazzan and Makarem tight gas fields discovered in 1993 in north-central Oman. The first phase is spread over a 25 year period and aimed at producing 190 bcm  of gas with delivery expected by 2017, eventually reaching 10 bcm per year. The second phase is envisaged to produce another 10 bcm per year. The plan is to drill and fracture 282 wells. BP signed its PSA in 2007 for Block 61.

2004

Mar 2004: The Ministry of Oil and Gas has taken first delivery of natural gas from the Northern Oman Gas Joint Venture (NOGJV) developing the associated and non-associated gas reserves of Block 9. Occidental is operator (65%) with Mitsui (35%).

2003

Mar 2003: Heritage reports the Tibat-1 offshore well in Block 17 is a gas/condensate discovery. Heritage holds 10% in Block 17 through subsidiary Eagle Energy. Partners are Novus (operator, 40%), LG (25%) and Atlantis (25%). It also holds 10% in Block 8 (containing the Bukha gas/condensate field).

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