Yemens ministry of Oil and Minerals opened up a fifth bidding round for 10 oil and gas exploration blocks.
Exploration & Production
The Farha South-4 well (FS-4) in Block 3 onshore the Sultanate of Oman has been completed, Tethys Oil has announced. The pilot hole was drilled to a depth of 2,039 m. Both the Barik and the Lower Al Bashir formations were penetrated with oil shows. A horizontal section of 820 m was drilled in the Barik formation and a pump was installed and production testing was conducted on the horizontal section.
IPR and its partner, Sojitz Oil and Gas, have discovered another oil bearing structure in the underlying Alam El Bueib sands in the Yidma-Alamein License in Egypts Western Desert. Nearly two decades after acquisition of the license and nearly 50 years of oil production from the Alamein Dolomite, the new deeper production is from a structural closure offsetting the Dolomite closure where new wells will be drilled and rim wells will be re-entered to help develop the closure.