The Sultanate of Oman's non-associated gas potential has drawn increasing attention both from a domestic and international perspective. With economic growth over the last 10 years being driven by gas-fuelled industries, a looming gas deficit has stimulated the opening up of Omani acreage to international operators in an attempt by the Ministry of Oil and Gas to increase reserves and production. Since 2005 around 175,000 acres of the 200,000 acres it has awarded have gone to foreign...
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Production from unconventional oil and gas resources has had an enormous impact on North America’s recovery from economic recession. The success there has led to a shift in the upstream oil and gas industry. Other countries are investing in the industry in the hope they will reap similar benefits for their economies.
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Asset report | Jun 2014
Oman tight gas unconventional play
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