Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

DNO Hits Record Production at Block 8, Oman

change text size

Norway's DNO International announced Wednesday that its offshore Block 8 concession in the Sultanate of Oman has hit record production, having climbed to a daily rate of 20,000 barrels of oil and condensate along with 60 million cubic feet of gas.

The increase, which represents a near tripling of oil and condensate production and near doubling of gas production from the block, was thanks to a two-well drilling program conducted by DNO in the West Bukha field.

Block 8, which contains Oman's only offshore producing fields, is one of seven Middle East and North Africa licenses acquired by DNO through its merger with RAK Petroleum earlier this year.

"With the success of these wells we are taking a fresh look at the West Bukha and Bukha fields and our other offshore assets and believe there is further potential to grow production and reserves in this area," DNO Executive Chairman Bijan Mossavar-Rahmani said in a company statement.

The Noble Roy Rhodes (250' ILC) rig will now be moved to begin drilling an appraisal well in the Bukha gas-condensate field.

DNO holds a 50-percent interest in Block 8, where it is the operator. Korea's LG International holds the remaining 50-percent interest.
 

 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  GE Oil & Gas Wins Subsea Manifold Deal... (Sep 18)
 -  Keppel FELS Clinches $227M Contract fr... (Sep 17)
 -  Frontier Signs $20M Deal for UMW Naga ... (Sep 17)
 -  Sound Prioritizes Resources towards Ba... (Sep 17)
 -  Aqualis Wins Rig-Moving Deal with Saud... (Sep 17)
Most Popular Articles
From the Career Center
Jobs that may interest you
Reservoir Engineer
Expertise: Reservoir Engineering
Location: Houston, TX
 
Senior Production Engineer
Expertise: Production Engineering
Location: Houston, TX
 
Senior Drilling Engineer
Expertise: Drilling Engineering
Location: Houston, TX
 
search for more jobs