Oman's billion barrel opportunity: Habhab ultra-heavy oil
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Table of contents
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Executive summary
- A much anticipated offering from Block 6
- Habhab is an ultra-heavy oil field...
- ...to be developed as an in-situ oil sands project
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Appropriate fiscal terms needed to encourage investment
- Risk contract structure
- Fiscal terms important, but price most important
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Habhab development risks and sensitivities
- Project sensitivity to cost, production and price
- Which companies have the expertise and deep enough pockets?
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Is Habhab worth the risk?
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Modelling assumptions
- Fiscal terms
- Liquids pricing
- Production
- Capital expenditure
- Development wells
- Operating costs
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Modelling assumptions
Tables and charts
This report includes the following images and tables:
- Map showing location of Habhab in Oman
- Habhab costs and production assumptions
- Comparison of Omani fiscal regimes
- Cumulative production-based contractor profit share: illustration
- Investor IRR at different prices and cost recovery ceilings
- Investor IRR at different prices and profit share tiers
- The value split
- Oman's billion barrel opportunity: Habhab ultra-heavy oil: Image 6
- Oman's billion barrel opportunity: Habhab ultra-heavy oil: Table 3
What's included
This report contains:
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