Asset Report

Oman Mountains Foldbelt exploration basin

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Since our last update, the Oman Mountains Foldbelt basin outline has been updated, keeping in line with that published by CCG. This has had a dramatic impact on all metrics, most notably, the projected prospective resources generated by our creaming curve. The giant Fahud field now falls in the Rub al Khali basin. Only 33 mmboe of reserves are now assigned to the Mesozoic Onshore play, with no discoveries having been made in the last ten years. The Oman Mountains Foldbelt Basin was created during a period of uplift during the late Tertiary period. Exploration is primarily focused on the onshore sector of the basin but there has been limited success to date despite a number of independent oil companies exploring. There has been limited drilling over the last ten years but some notable licence awards in the basin from the 2017 licence round, to Eni, Occidental and Ara Petroleum, present new exploration opportunities.

Table of contents

Tables and charts

This report includes the following images and tables:

    Play level dataAssumptionsSummary and key issues: Image 1
    Exploration wells by playLicensed exploration acreageExpiry forecast of current licencesKey play characteristicsSummary of discovery and development costsExploration and appraisal spendExploration spend per well and average well depthCommerciality indexKey companies: Table 1
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What's included

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    Oman Mountains Foldbelt exploration basin

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