Tethys Oil spuds onshore well in Oman

Tethys Oil announced that it has started drilling operations of the onshore well Thameen-1 on Block 49 in Oman.

The well will be drilled to a depth of about 4,000 meters below ground and drilling operations are expected to last about 45 days, Tethys Oil said in a statement.

“We are delighted to have started drilling operations on Block 49. The Thameen-1 well is designed to penetrate several potentially hydrocarbon bearing rock layers. We have three defined targets, but we will analyse all data from the well to increase our understanding of the potential oil plays in the block, conventional as well as unconventional,” says Tethys Managing Director Magnus Nordin.

The drill site is located within the northern part of Block 49 at Marsudad village in the Wilayat of Muqhsin. Block 49 is an onshore block that covers 15,439 square kilometres in the South West of Oman. Tethys Oil, through its wholly owned subsidiary Tethys Oil Montasar, has signed a contract with Abraj Energy Services SAOC for the provision of the Abraj-204 drilling rig.

Tethys Oil entered into a farmout agreement with EOG Resources (EOG) in November 2020, whereby EOG acquired 50 percent interest in the exploration and production sharing agreement covering Block 49. The agreement is subject to government approval.

Tethys Oil AB, through Tethys Oil Montasar, is the operator of the Block and holds 50 percent of the license interest.