Asset Report

Blocks 3 and 4

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Blocks 3 and 4 are two contiguous blocks located in central eastern Oman, with the main production centre at Saiwan East located 300 kilometres south of the capital Muscat. The blocks produce light, high quality oil and were a major production growth success story over the last decade. However, production has been declining since 2020 with most recent activity focused on limiting and offsetting the decline. The first discovery was Farha South, which remains the largest and most productive field. There are currently six producing fields plus a number of discoveries under a long terms production test.

Table of contents

  • Summary
    • Recent exploration
    • Historical exploration
    • Facilities
    • Wells
    • Exploration costs
    • Capital costs
    • Operating costs
    • Tariff
  • Cost recovery
  • Profit petroleum
  • Royalty
  • Income tax
  • Bonuses
  • Cash flow
  • Global Economic Model (GEM) file
  • Cash Flow

Tables and charts

This report includes the following images and tables:

    Index mapBlocks 3 and 4Fields and Producing Horizons
    Reservoir CharacteristicsCash Flow (US$)PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining PV Price Sensitivities
  • 7 more item(s)...

What's included

This report contains:

  • Document

    Blocks 3 and 4

    PDF 2.76 MB

  • Document

    Blocks 3 and 4

    PDF 2.75 MB