Tethys Oil has contracted Gaffney, Cline & Associates (GCA), an independent international petroleum consultancy, for the third party audit of the Farha South and East Saiwan oil discoveries made in 2009 on Blocks 3 and 4 onshore Oman. GCA will also act as engineering advisor for Tethys on these future development projects.
GCA will provide an independent third party resources and reserves report according to standard of The Society of Petroleum Engineer's Petroleum Resources Management System (SPE PRMS), also adopted by WPC, AAPG and SPEE. The report will cover the Farha South structure on Block 3 and the East Saiwan structure on Block 4.
The audit will be based on data available after the currently ongoing 3D seismic study over the East Saiwan structure has been completed, which is expected in early March.
"We are delighted to work with Gaffney Cline on our Omani projects. The technical support provided by GCA is second to none in the industry, and a resource/reserve audit conducted by GCA will further the understanding and evaluation of these discoveries," says Magnus Nordin, Managing Director of Tethys Oil AB.
GCA is an independent international petroleum consultancy. The firm is focused on the provision of integrated technical and managerial services and independent advice to all sectors of the oil and gas industry. GCA has over forty years of experience, also with a considerable background of work in the Middle East, including Oman.
Tethys has a 50 per cent interest in the licences covering Blocks 3 and 4. Consolidated Contractors Energy Development (Oman) Ltd holds the remaining 50 per cent and is operator.