Middle East Economic Survey


No 24



Tethys Confirms Heavy Oil Discovery In Omans Block 4

Swedish company Tethys announced on 8 June that an initial evaluation of the Saiwan East-2 well on Block 4 onshore Oman had confirmed a column of more than 400ms of heavy oil pay in the upper target formations. A deeper lighter oil zone was also confirmed and has produced 280 b/d on test. The well was drilled to a depth of 2,450msdeeper than originally planned. Oil was found in the...