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Test production from the Early Production System (EPS) on Blocks 3 and 4 onshore the Sultanate of Oman continues and amounted in June 2012 to 336,803 barrels of oil, corresponding to 11,227 barrels of oil per day (BOPD). Tethys’ share of the production, before government take, amounts to 30 per cent of the total, or 101,041 barrels.
By the end of May, the preparation work was initiated for the launch of the export pipeline, connecting the oil fields with the national Omani pipeline system. The work partially affected the production both in May and in June. This pipeline was fully operational by the end of June, and all trucking activities have ceased. Installation of processing facilities and other infrastructure relating to the permanent production system is continuing.
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 continue to vary depending on test programme design and available capacity.
Tethys has a 30 per cent interest in Blocks 3 and 4. Partners are Mitsui E&P Middle East B.V. with 20 per cent and the operator CC Energy Development S.A.L. (Oman branch) holding the remaining 50 per cent.
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