Middle East Economic Survey


No 47



OMVs Block S2 Oil Discovery Tests At 2,000 B/D

Austrias OMV on 10 November announced an oil discovery in Yemens block S2 (al-Uqlah) in Shabwa province. The al-Nilam-ST1 well was drilled to a total depth of 3,090ms and encountered a 430ms oil column in the fractured basement formation which tested at a stable flow rate of 1,800 b/d, OMV said. The secondary target, tested at a flow rate of 200 b/d. The discovery follows the...