By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
  • World
  • Business
  • Technology
  • Sports
  • Lifestyle
Search
Countries
More Topics
  • Health
  • Entertainment
Site Links
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: Final Depth Reached in Tethys Oil’s Kunooz-1 Exploration Well
Share
Notification Show More
Latest News
Saudi domestic tourism spending rises 18% to SR105 billion in Q3
Gulf
Amir to inaugurate Doha Forum tomorrow
Gulf
Where in Europe is Trump the most popular?
World
UAE logs 14 million volunteer hours as youth lead community giving
Gulf
Minister of Justice discusses Qatar’s experience in building advanced legal, security framework
Gulf
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
Search
  • Home
  • Gulf
  • Business
  • More News
    • World
    • Technology
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > Business > Final Depth Reached in Tethys Oil’s Kunooz-1 Exploration Well
Business

Final Depth Reached in Tethys Oil’s Kunooz-1 Exploration Well

News Room
Last updated: 2024/10/29 at 2:34 PM
News Room
Share
4 Min Read
SHARE

Tethys Oil has recently completed drilling the Kunooz-1 exploration well on Block 58 onshore Sultanate of Oman. The well reached a final depth of 3,923 meters, targeting the Buah and Khufai formations as primary targets and the Birba formation as a secondary target. Wireline logging operations have been carried out, showing low porosity and fractured dolomitic limestone. A flow test is needed to confirm the potential for hydrocarbons in the target formations.

The drilling operations for the Kunooz-1 well have been successfully completed, with indications of high reservoir permeability in the Birba and Buah formations. However, limited data was collected from the deeper Khufai formation due to operational challenges. Further well completion and flow testing is expected to take place over the next four weeks to evaluate the flow performance and potential hydrocarbon reserves in the well.

Tethys Oil is an oil exploration and production company that focuses on onshore areas with known oil discoveries. Their core area of operations is the Sultanate of Oman, where they hold interests in multiple blocks, including Block 58. The company has net working interest 2P reserves of 21.7 million barrels of oil and net working interest 2C contingent resources of 15.5 million barrels of oil. In 2023, Tethys Oil had an average oil production of 8,818 barrels per day.

With the completion of drilling and wireline logging operations on the Kunooz-1 well, Tethys Oil is now moving forward with well completion and flow testing to determine the potential for hydrocarbons in the target formations. The company’s focus on onshore areas in Oman has proven to be successful, with significant reserves and production levels. The completion of the well testing program is expected to provide valuable data on the flow performance and reserves within the Birba and Buah formations.

The completion of the Kunooz-1 exploration well marks another milestone for Tethys Oil in their exploration and production activities in Oman. The successful drilling operations and wireline logging indicate the presence of fractured dolomitic limestone in the target formations, which will require further testing to confirm the potential for hydrocarbons. The company’s commitment to onshore exploration in Oman has led to the discovery of significant reserves and production levels, positioning them as a key player in the region.

As Tethys Oil continues with the completion and testing of the Kunooz-1 well, they remain focused on maximizing the potential of their exploration and production activities in Oman. The company’s significant net working interest reserves and contingent resources, along with their average oil production levels, demonstrate their successful presence in the region. The outcome of the flow testing program on the Kunooz-1 well will provide valuable insights into the potential reserves and production levels in the Birba and Buah formations, further solidifying Tethys Oil’s position as a leading oil exploration and production company in Oman.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room October 29, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article Al Halwachi shines a spotlight on the role of Bahraini youth in Gymnasiade 2024
Next Article Education Minister Delivers Her Highness’s Letter to National Museum Secretary-General
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Saudi domestic tourism spending rises 18% to SR105 billion in Q3
Gulf December 5, 2025
Amir to inaugurate Doha Forum tomorrow
Gulf December 5, 2025
Where in Europe is Trump the most popular?
World December 5, 2025
UAE logs 14 million volunteer hours as youth lead community giving
Gulf December 5, 2025

You Might also Like

Business

NRTC Group acquires Ripe Organic, aiming 40% revenue growth and expanding to 150+ local farms

December 5, 2025
Business

State Council discusses Eleventh Five-Year Plan and 2026 State General Budget

December 5, 2025
Business

Saudi Arabia sets Guinness World Record for ‘Largest Live Audience’ for volunteerism lessons

December 5, 2025
Business

RBI likely to hold rate at 5.5% in policy announcement on Friday; inflation forecast may be revised lower: Report

December 5, 2025
Business

ABQ partners with the Oman Padel Committee

December 5, 2025
Business

Dubai-born wellness brand is transforming your water into a long-life elixir

December 5, 2025
Business

OMR36mn animal, aquatic feed plant inaugurated to boost food security and self-sufficiency in Oman

December 5, 2025
Business

Tax Innovation Summit UAE 2025 to accelerate the future of tax and compliance

December 5, 2025
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?