Middle East Economic Survey


No 45



Oil Search Makes Gas Discovery In Yemens Block 3

Oil Search on 5 November announced that it had discovered gas and condensate with the Tubb'a-1 well in Yemens Block 3. The company, which is headquartered in Papua New Guinea, is operator of the block and holds a 60% share. Its partners are Turkeys Petoil (34%) and the Yemen General Corporation for Oil and Gas (6%). Oil Search said the well tested at 9mn cfd of natural gas and 450 b/d of...