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Tethys' Oman asset production averaged 14,734 bpd in December

Exploration & Production

Tethys Oil AB, through its wholly-owned subsidiary Tethys Oil Block 3 and 4 Ltd, produced 456,762 barrels of oil in December 2012, corresponding to 14,734 bopd

The firm owns 30 per cent interest in the two blocks onshore the Sultanate of Oman.

The total production in 2012 from the blocks amounted to 4.49 million barrels of oil, corresponding to 12,257 barrels of oil per day, a press release stated, adding that Tethys' share of the production is 30 per cent of the total, or 137,029 barrels last year.

The total produce in 2012 was 4.49 million barrels of oil in the two blocks, corresponding to 12,257 bopd.

Tethy's share was 1.35 million barrels, amounting to 3,677 bopd, it announced.