Asset Report
Blocks 3 and 4
Report summary
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 two discoveries under a long terms production test.
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
- Participation
- Geology
- Well data
-
Exploration
- Recent exploration
- Historical exploration
- Reserves and resources
-
Production
- Emissions
-
Development
- Facilities
- Wells
- Transport
- Infrastructure
-
Costs
- Exploration costs
- Capital Costs
- Operating costs
- Tariff
-
Fiscal and regulatory
- Cost recovery
- Profit petroleum
- Royalty
- Income tax
- Bonuses
-
Economic assumptions
- 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
- Blocks 3 and 4
- 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
- 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 Revenue Distribution (Discounted at 10% from 01/01/2024)
- Remaining PV Price Sensitivities
- Costs: Table 1
- Costs: Table 2
- Costs: Table 3
- Costs: Table 4
What's included
This report contains:
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