Page 11 - MEOG Week 05 2021
P. 11
MEOG PROJECTS & COMPANIES MEOG
Masirah brings new Yumna
well into production
OMAN MASIRAH Oil Ltd (MOL) announced this week earlier this year and approved MOL’s develop-
that production has begun at its second develop- ment plan for the asset, which was renamed
ment well at the Yumna field in Oman’s offshore Yumna.
Block 50. In a press release, RIH said one of the Yumna
The well was spudded in mid-December after wells would be “drilled to boost production”
MOL leased Shelf Drilling’s Tenacious jack-up with the other well targeting one of 14 prospects
for a three-well drilling campaign, and produc- nearby.
tion began on January 23. “One exploration well to be drilled in 2021
In a statement to press, the company said: will be selected from 14 identified prospects near
“The well has been producing at a stabilised the Yumna Field, for which the best estimate of
rate of 9,000 stock tank barrels (STB) per day of gross unrisked prospective resources (2U) is
dry oil. the rate is constrained by the size of the 152.3mn STB” of crude.
downhole electrical submersible pump installed It also noted that the QPR covered only 9% of
in the well.” Block 50, for which Aker Geo and Pareto in 2012
It added “Yumna-2 encountered 10 metres of estimated best estimate gross unrisked prospec-
Lower Aruma sandstone with a porosity of 21%, tive resources at more than 4bn barrels.
proving that the good quality reservoir sand is Rex executive chairman Dan Broström said:
extensive to the north of Yumna-1; the permea- “A discovery in this exploration well will enable
bility is about 2,000 millidarcies.” us to put together further development plans and
The Yumna-1 well was drilled in December potentially convert more prospective resources
2019 to appraise the field and in February 42 near the Yumna field into additional reserves.”
degree API crude flowed from the well at a rate The company spudded its third production
of 11,843 barrels per day (bpd). well, Yumna 3, on January 20, targeting a loca-
The field is thought to hold around 9.6mn tion east of the GAS-1 discovery well.
stock tank barrels of proven plus probable (2P) Meanwhile, MOL noted that “production
reserves, according to a qualified person’s report facilities on the Yumna mobile offshore produc-
(QPR), and cumulative production stood at tion unit are being upgraded to double the liquid
1.05mn STB produced as of June 30. processing capacity in order to accommodate
The 16,903-square km concession was the production from the three Yumna wells.”
location of the GA South (GAS) discovery, It added that the upgrade would be complete
Oman’s first offshore find by Singapore-backed by the end of Q1, at which point the Tenacious
Rex International Holding (RIH), which holds jack-up will begin work on the Zakhera prospect
86.37% of MOL, which in turn owns 100% of around 12 km south of Yumna, which MOL said
Block 50. Oman’s Ministry of Energy and Min- contains a “structure that looks similar to the
erals (MEM) declared the field’s commerciality Yumna field.”
Week 05 03•February•2021 www. NEWSBASE .com P11
