Oman Assets – Mature Oil Fields with
Declining Production
Technical services contract for a cluster of 18 mature
oilfields, 12 of which are producing
Current 10-year contract expires in August 2016
Currently finalizing extension of contract with new fiscal
terms
Source: Kuwait Energy.
Note: The reserves, contingent resources and prospective resources and production estimates above and contained in this presentation are based on GCA report MY2014.
(*) Key: EA = Exploration Asset. PAEP = Producing Assets with Exploration Potential.
(1) Activities in Karim Small Fields are carried out pursuant to a service agreement whose terms do not allow external reporting of reserves volumes.
Location WI Operator Partners 2P 2C P50
License
Expiry
Asset
type*
Karim
Small
Fields
(1)
South
Oman Salt
basin
15%
Medco
Energ,
Oman Oil,
Petrovest,
Vision Oil
and Gas
-
-
2016 PAEP
Location Map
35
Overview
