Yemen’s sole producing foreign operator OMV is eying a slew of activity next year at its 10,000 b/d Block S2, a source at the Austrian firm tells MEES. This includes a workover program likely to commence in Q1 followed by a fresh drilling campaign by the end of the year.
Having restarted output in 2018 amid Yemen’s ongoing civil war (MEES, 20 April 2018) OMV has seen its net Yemen output fall from 6,000 b/d in Q1 this year to 4,000 b/d in Q3. Given OMV’s 44% interest (Chinese state firm Sinopec holds 37.5%, Yemeni state firms the remainder), this implies a drop in gross output from 13,600 b/d to just over 9,000 b/d. (CONTINUED - 251 WORDS)