Tethys Oil Provides Update on Oman Operations

Thursday, July 31, 2008

• Comprehensive 3D seismic program commences on Block 15
• JAS-2 pilot hole successfully completed and logged – confirms reservoir extension. Horizontal sidetrack to begin shortly.

3D seismic acquisition over Jebel Aswad structure commences
Tethys Oil has received final approval to commence acquiring 3D seismic over the Jebel Aswad (JAS) structure on Block 15 onshore Oman. BGP Oil and Gas Services has been awarded the contract and mobilisation of the 3D crew has commenced. The seismic survey will completely cover the JAS structure and a total of 285 square kilometres of seismic is planned to be acquired. The purpose with the study is to better define and map the structure, which is needed for more detailed reserve calculations and to optimize drilling location placements for future wells. The seismic aqcuisition is estimated to take 6 weeks to complete.

JAS-2 pilot hole successfully completed and logged – confirms reservoir extension. Horizontal sidetrack to begin shortly
Jebel Aswad-2 (JAS-2) spudded in the beginning of June. The vertical pilot hole drilled on the JAS-2 delineation well has been electrically logged. The logs confi rm hydrocarbon presence in both the Natih A and Natih C reservoirs. Preparations are currently underway to sidetrack the pilot hole and complete a horizontal leg in the top Natih A reservoir.

"The main reservoir - Natih A - was encountered slightly higher than in JAS-1, which confirms the reservoir extension towards the south east. Additionally, log responses indicate good hydrocarbon saturation in Natih C, which we had reasons to expect but earlier indications were sketchy," comments Tethys' Managing Director Magnus Nordin.

Tethys has a 40 per cent interest and is operator of Block 15 where the Company is conducting an appraisal/development program on the Jebel Aswad structure. On testing of the JAS-1 well in June 2007, the well flowed a total of 2,626 boepd (11.03 mmscfpd of natural gas and 793 bpd of 57API condensate). Danish company Odin Energi is partner holding 60 per cent interest.

Integration in Exploration and Exploitation
London, 21st January
Remain on top of the latest technical developments by attending this free forum. Seats are strictly limited, so don't miss out!

OilVoice
RSS Feeds

Take a look at the OilVoice RSS feeds!

Advertisement