Tethys Oil Spuds Jebel Aswad-2 Well, Onshore Oman

Thursday, June 05, 2008

Tethys Oil (Tethys) has spudded Jebel Aswad-2 (JAS-2) on Block 15 onshore Oman. The well is drilled to further delineate the Natih A limestone reservoir and it is designed to optimize production rates.

JAS-2 is drilled 1.2 kilometres south west of Jebel Aswad-1, which was drilled last year and flowed 2,626 BOEPD on test. Drilling operations are expected to take 65 days including testing, and the well is expected to reach a final depth of 3,200 metres. At target depth, one or two horizontal sidetracks of a total length of an additional 1,000 metres are planned.

The Abraj 204 rig currently contracted with Oilex plc is being used.

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