Asset Report
Marib-Jawf Contract Area (Block 18)
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Block 18 (Marib-Jawf) is located in central Yemen, around 100 kilometres east of the capital Sana'a. The block was Yemen's first awarded licence and the most prolific producing block before the start of the civil war in 2015. Development began in 1985, with around 15 oil fields developed in total. Oil production peaked at nearly 200,000 b/d in the early 1990s. Production at Block 18 has been impacted by the escalation of violence in the Marib region. Historically, crude from Block 18 was transported to the Red Sea Ras Isa export terminal. The terminal has been inactive since 2015 following Houthi control of western Yemen. Due to ongoing security and political issues, we anticipate Ras Isa will remain closed ...
Table of contents
- Summary
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Key Issues
- Oil rights
- Yemen LNG gas rights
- Gas production
- Emissions
- Capital costs
- Operating costs
- Royalty
- Cost oil
- Profit oil
- Income tax
- Abandonment
- Cash flow
- Global Economic Model (GEM) file
- 1 more item(s)...
Tables and charts
This report includes the following images and tables:
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Index mapMarib-Jawf (Block 18) mapCapital Costs Pre-2016 to 2024 (US$ million)
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Operating Costs 2025 to 2029 (US$ million)Cash 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
- 6 more item(s)...
What's included
This report contains:
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