Swedish E&P Tethys Oil announced March production results from Blocks 3 and 4 onshore the Sultanate of Oman.
Tethys produced 248,166 bbl of oil, or 8,005 bbl/d, according to an April 17 press release. The official selling price of Oman Export Blend Crude Oil for March was $78.75/ bbl.
Tethys Oil AB, through its wholly owned subsidiary Tethys Oil Block 3 & 4 Ltd., has a 30% interest in Blocks 3 and 4. Mitsui E&P Middle East BV holds 20% interest and CC Energy Development SAL, operator of the field, holds the remaining 50%.
Recommended Reading
Ørsted Exec: Offshore Wind Picking Up Speed, Despite Challenges
2024-05-08 - The offshore wind sector is regaining momentum in the U.S., with 250 turbines coming in the next three years compared to seven a year ago, said Troy Patton, head of program execution for Ørsted Americas.
Equinor, Ørsted/Eversource Land New York Offshore Wind Awards
2024-02-29 - RWE Renewables and National Grid’s Community Offshore Wind 2 project was waitlisted and may be considered for award and contract negotiations later, NYSERDA says.
Ørsted Names New CFO, COO Following 2023 Setbacks
2024-02-27 - Ørsted appointed Trond Westlie as CFO and executive board member and Patrick Harnett as COO following company difficulties in 2023, including a $4 billion impairment charge in third-quarter 2023.
US Gives Final Green Light to Sunrise Wind Offshore Project
2024-03-26 - The approval by the Bureau of Ocean Energy Management solidified Ørsted and Eversource’s commitment to the project with both taking final investment decisions.
Eversource to Sell Sunrise Wind Stake to Ørsted
2024-04-19 - Eversource Energy said it will provide service to Ørsted and remain contracted to lead the onshore construction of Sunrise following the closing of the transaction.