Middle East

Plenty more oil off Oman

Muscat: The discoveries offshore in eastern and northern Oman are just a tip of the iceberg, according to Masirah Oil Exploration Vice-President Rabi Bastia speaking at the two-day Offshore Development Oman 2014 conference this week.

Masirah Oil in March announced discovery at the second exploration well in Block 50 in Eastern Oman. During a 48-hour test, hydrocarbons flowed to the surface and the well achieved light oil flow rate of up to 3,000bpd. It was the first offshore oil discovery in the area in over 30 years.

There will be additional source rocks, Bastia said.

Founder and chairman of PetroTel Dr Anil Chopra said he reckons there will be plenty of oil and gas discoveries in northern Oman too. “We also find pock marks, which are gas bubbles emerging from the sea bed. This is seen in Congo, above some of the largest oil fields,” he added. They are indications of hydrocarbons.

PetroTel is exploring in Block  40, offshore in Musandam.  [10/12/14]

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