Asset Report
Howarime Contract Area (Block 32)
Report summary
The Howarime Contract Area is located in the Say'un Al Masila Basin in east Yemen. The block lies to the north of the prolific Masila contract area and shares many of its geological characteristics. The Tasour field came onstream in 2000. After reaching a peak production of 18,000 b/d in 2004 it entered into decline. Operations were suspended in March 2015 and the operator declared forece majeure, due to the escalation of hostilities in Yemen.
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- Issues common to the Masila Fields, Central Yemen
- Issues specific to Howarime Contract Area (Block 32)
- Location maps
-
Participation
- Original participants
- Participation changes
- State-carried interest
- Paying-interest participation
- Relinquishment
-
Geology
- Regional tectonic setting
- Source rocks
- Field structure
- Reservoirs
- Reservoir and fluid quality
- Well data
-
Exploration
- Tasour discovery
- Further exploration
- Godah discovery and appraisal
- Recent exploration
- Reserves and resources
- Production
-
Development
- Tasour
- Godah field development
- Central processing facility
- Infrastructure
-
Costs
- Exploration costs
-
Capital costs
- Tasour
- Godah
- Operating costs
-
Fiscal and regulatory
- Amended terms
- Royalty
- Cost Oil
- Profit Oil
- Income Tax
-
Bonuses
- Production Bonuses
- Other 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 21 images and tables including:
- Key facts: Table 1
- Index Map
- Howarime (Block 32) Map
- Well data: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- 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
- Participation: Table 1
- Costs: Table 1
- Costs: Table 3
- Fiscal and regulatory: Table 1
- Fiscal and regulatory: Table 2
- Costs: Table 2
- Fiscal and regulatory: Table 3
What's included
This report contains:
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