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
JMR Services, A-Plus P&A to Merge Companies
2024-03-05 - The combined organization will operate under JMR Services and aims to become the largest pure-play plug and abandonment company in the nation.
New Fortress Energy Sells Two Power Plants to Puerto Rico
2024-03-18 - New Fortress Energy sold two power plants to the Puerto Rico Electric Power Authority to provide cleaner and lower cost energy to the island.
Tellurian Executive Chairman ‘Encouraged’ by Progress
2024-03-18 - Tellurian announced new personnel assignments as the company continues to recover from a turbulent 2023.
Kissler: OPEC+ Likely to Buoy Crude Prices—At Least Somewhat
2024-03-18 - By keeping its voluntary production cuts, OPEC+ is sending a clear signal that oil prices need to be sustainable for both producers and consumers.
Enerflex Appoints Thomas B. Tyree to Board
2024-03-12 - Tyree currently serves on Antero Resources’ board and recently served as chairman of Northwoods Energy LLC in 2023.