Middle East Economic Survey
OMV Makes Block S2 Oil Discovery
OMV has announced a third oil discovery in Yemens Block S2 (al-Uqlah) in Shabwa province. The OMV operated Habban-1 well encountered a 622ms oil column in the fractured basement formation which tested at a stable flow rate of 500 b/d.This is the third oil discovery in Block S2, following the al-Nilam-1 well in 2003 and Kharwah-1, said OMV. After drilling and testing a sidetrack well from the Nilam...