OOCEP aims to spud pilot well in Oman's Block 65
Covering an area of around 1,230 sqkm, Block 65 is surrounded by major oil and gas fields that produce from shallow cretaceous formations
The Oman Oil Company Exploration & Production LLC (OOCEP), an upstream subsidiary of Oman Oil Company (OOC), is preparing to spud a pilot well in Block 65 in northern Oman, a report said.
Covering an area of around 1,230 sqkm, Block 65 is surrounded by major oil and gas fields that produce from shallow cretaceous formations, the Oman Daily Observer reported.
According to OOCEP, the ‘Pilot and Appraisal Study Agreement’ signed with the government last year calls for the drilling of one well to assess the prospects of unconventional resources in the block.
“Drilling site civil work has been completed and the rig has been mobilised to site. The spud of the pilot well is anticipated to take place during mid-March 2016,” OOCEP was quoted as reporting by the Observer.
“Progressing towards achieving the plateau production of 70mn standard cubic feet per day (MMscfd), OOCEP successfully completed commissioning of 21 new wells, reaching a total number of 31 online wells in 2015,” the company said.