Asset Report
South Howarime (Block 43)
Report summary
The South Howarime contract area is situated in the Say'un Al Masila Basin, east of the prolific Masila fields. The Nabrajah field was discovered in 2004 and brought onstream in July 2005. Despite potential particularly from the fractured basement, appraisal drilling has been disappointing and reserves have been downgraded. Production has continued to decline, despite infill drilling. Operations were suspended in March 2015, 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 South Howarime (Block 43)
- Location maps
-
Participation
- DNO
- Kuwait Energy Company (KEC)
- State-carried interest
- Paying interest participation
- Relinquishment
-
Geology
- Regional Tectonic Setting
- Reservoirs
- Well data
-
Exploration
- Canadian Occidental
- First Calgary / Ocean Energy
- DNO
- Nabrajah Discovery
- Basement and Naifa Discoveries
- Basement Disappointments
- Exploration Disappointments
- Reserves and resources
- Production
-
Development
- Wells
- Facilities
- Infrastructure
-
Costs
- Exploration Costs
- Capital Costs
-
Operating Costs
- Tariffs
-
Fiscal and regulatory
- Royalty
- Cost Oil
- Profit Oil
- State-carried interest
- Income Tax
- Fixed Tax
-
Bonuses
- Signature Bonus
- Other Bonuses
- Production Bonuses
- Gas
-
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
- South Howarime (Block 43) 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 2
- Fiscal and regulatory: Table 1
- Fiscal and regulatory: Table 2
- Costs: Table 3
- Fiscal and regulatory: Table 3
What's included
This report contains:
Other reports you may be interested in
Asset Report
Howarime Contract Area (Block 32)
The Howarime Contract Area is located in the Say'un Al Masila Basin in east Yemen. Production was shut-in during March 2015.
$3,100
Asset Report
Block B - MLJ (LNG)
TotalEnergies' block in Brunei shallow water contains the Maharaja Lela, Maharaja Lela Deep, ML-4, ML-5, and ML-6 oil & gas fields
$3,100
Asset Report
South Hood (Block 47)
The South Hood Block is located primarily on the South Hadhramout Arch, which forms the southern boundary to the Say'un-Al Masila ...
$3,100
