On 13 April, Omani upstream firm Masar Petroleum (previously Hydrocarbon Finder) announced a “landmark” discovery in Block 7 (see map). According to the firm a successful exploration well has validated “the concept of the Hasriah Ridge, a geological trend 5km wide and 30km long mapped across Block 7.” It says the Ridge has a prospective resource base of 100-380mn barrels and it expects to begin producing from the discovery by year end, setting the stage for rapid development by the end of 2028. A 3D seismic campaign is planned alongside further exploration and appraisal work.
Production from the block averaged around 1,500-2,000 b/d of light oil (44° API) in 2024, the company says on its website. Output in Block 7 comes from the Sahmah, Ramlat, and Rija fields. Masar has multiple fixed and mobile units totaling 21,000 b/d of processing capacity and a gas compression station. Facilities at Sahmah can store up to 11,000 barrels of oil which can be pumped via a 6,000 b/d pipeline to Oman’s Main Oil Line (MOL). From there it can be exported to the Mina al Fahal export terminal for blending into Oman’s export grade and loaded onto tankers. (CONTINUED - 396 WORDS)
