Oman's PDO reports large gas find

Oman Petroleum Development's managing director said the find will provide a boost to Oman's economy.
By Bernd Debusmann Jr
Tue 20 Mar 2018 09:49 AM

Oman Petroleum Development has reported a significant gas find in Oman’s Mabrouk fied, with an estimated 4 trillion cubic feet (tcf) of recoverable gas and 112 million barrels of condensates, according to the sultanate’s state-run Oman News Agency.

The announcement came during an annual media briefing conducted by the Ministry of Oil and Gas. No further details of the find, which took place in the northern part of OPD’s concession area.

“This is an exciting find which will provide a boost for economic growth in Oman and help meet rising gas demand from residential, commercial and industrial customers,” PDO managing director Raoul Restucci was quoted as saying by Muscat Daily.

“Once again, our exploration directorate has performed admirably in challenging conditions to identify, discover and appraise a major hydrocarbon find which will make a substantial contribution to Oman’s sustainable development.”

According to Muscat Daily, five wells have already been drilled in the Mabrouk field, all of which have already encountered gas. Of the five, one is already producing and a second will be hooked up soon.

Work is also progressing on an additional two appraisal wells.

According to the Ministry, Oman’s total oil and condensate reserves stood at 4.74 billion barrels at the end of 2017, along with gas reserves of 24.96 tcf.

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Last Updated: Tue 20 Mar 2018 10:57 AM GST

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