Oman is offering three oil and gas concession areas, Blocks 15, 36 and 54, for investments by local and international local companies, the Ministry of Energy and Minerals said on Sunday.
The offering is open between March 26 and June 25, according to the statement published on Twitter.
Block 15 is located in the Sultanate of Oman’s northern oil province. “Tight gas is the predominant play within Block 15,” the ministry said.
Over its history, Block 15 has had several owners including Petroleum Development Oman (PDO) . Other companies which have owned this block are: Hydrocarbon Finders Oman E & P, Tethys Oil (Oman) Limited, Novus Oman Limited, Indago Petroleum and Conquest Exploration Oman Inc.
Meanwhile, Block 36 which covers 18,625 sqkm area, is located along the border with the Kingdom of Saudi Arabia and the Republic of Yemen and is at the South-Eastern edge of the Eastern Rub al Khali basin, one of the most prolific oil and gas basins in the world. To the south of block, in neighbouring block 38, the Rub al Khali basin is terminated against the Ghudun high that runs from NE to SW and separates the Rub Al Khali from the Southern Oman Salt basin.
Over its history Block 36 has also had several owners. PDO was the primary owners of the blocks over the years. Other companies which have owned this block are: DNO, EOG Resources Inc and Phillips Petroleum Company.
Block 54 covers a 5,627 sq km area and is located in a lightly drilled area — the Eastern Flank province situated between the easternmost edge of known salt in the South Oman Salt Basin and the Mesozoic and Palaeozoic outcrops found along the Huqf Axis.
The owners over the years were PDO and Occidental Petroleum Corp (Oxy).
