Asset Report

Al Uqlah (Block S2)

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The Al Uqlah Block (S2) is located in the Marib-Shabwa Basin, central Yemen, to the east of state-owned SAFER E&P's prolific Block 18 producing fields. The contract area originally formed part of the West Shabwa area of central Yemen. The first oil discovery was made in 1992 by Occidental at Kharwah-1. In 1997, Preussag (now OMV) took over the operatorship of the block and in 2003 discovered oil at Al Nilam. In 2005, two further oil discoveries were made by OMV, both ...

Table of contents

  • Key facts
    • Summary
    • Key issues
  • Location maps
  • Participation
  • Geology
  • Well data
  • Exploration
  • Reserves and resources
  • Production
  • Development
  • Infrastructure
    • Operating costs
    • Royalty
      • Cost oil
      • Profit oil
      • Income tax
      • Abandonment
    • Bonuses
      • Signature bonus
      • Other bonuses
      • Production bonuses
    • Gas
    • Cash flow
    • Discount rate and date
    • Inflation rate
    • Oil price
    • Global Economic Model (GEM) File
  • Economic analysis

Tables and charts

This report includes 23 images and tables including:

  • Key facts: Table 1
  • Index map
  • Al Uqlah (Block S2) map
  • Participation: Table 1
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Reserves and resources: Table 2
  • Production: Table 1
  • Production: Table 2
  • Production profile
  • Infrastructure: Table 1
  • Costs: Table 1
  • Cash Flow
  • Economic analysis: Table 2
  • Economic analysis: Table 3
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
  • Remaining PV Price Sensitivities
  • Costs: Table 2
  • Fiscal and regulatory: Table 1
  • Fiscal and regulatory: Table 2
  • Fiscal and regulatory: Table 3

What's included

This report contains:

  • Document

    Al Uqlah (Block S2)

    PDF 4.92 MB

  • Document

    Al Uqlah (Block S2)

    XLS 821.50 KB