Swedish E&P Tethys Oil announced March production results from Blocks 3 and 4 onshore the Sultanate of Oman.
Tethys produced 248,166 bbl of oil, or 8,005 bbl/d, according to an April 17 press release. The official selling price of Oman Export Blend Crude Oil for March was $78.75/ bbl.
Tethys Oil AB, through its wholly owned subsidiary Tethys Oil Block 3 & 4 Ltd., has a 30% interest in Blocks 3 and 4. Mitsui E&P Middle East BV holds 20% interest and CC Energy Development SAL, operator of the field, holds the remaining 50%.
Recommended Reading
Marketed: Wylease AFE Asset Packages in Johnson County, Wyoming
2024-04-29 - Wylease LLC has retained EnergyNet for the sale of three Niobrara Shale AFE (authorization for expenditure) packages in Johnson County, Wyoming.
M&A Spotlight Shifts from Permian to Bakken, Marcellus
2024-04-29 - Potential deals-in-waiting include the Bakken’s Grayson Mill Energy, EQT's remaining non-operated Marcellus portfolio and some Shell and BP assets in the Haynesville, Rystad said.
C-NLOPB Issues Call for Bids in Eastern Newfoundland
2024-04-29 - Winners of the Call for Bids No. NL24-CFB01 will be selected based on the highest total of money the bidder commits to spend on exploration of a parcel during the first six years of a nine-year license.
Tivoli Midstream Buys Southeast Texas Coast Infrastructure
2024-04-29 - Tivoli Midstream acquired the Chocolate Bayou from Ascend Performance Materials, including storage and land for development.
Phoenix Capital Group Acquires Uinta Basin Royalty Interests
2024-04-29 - Phoenix Capital Group’s acquisition of 1,500 net royalty acres in Duchesne County, Utah, brings the company's investment in the Uinta Basin to more than $60 million, the company said.