Maha Energy seeks extension for Oman oil exploration deal in Oman

Maha Energy seeks extension for Oman oil exploration deal in Oman

Muscat – Swedish energy firm Maha Energy has requested an extension to the initial phase of its exploration and production sharing agreement (EPSA) with the Ministry of Energy and Minerals for Block 70 onshore Oman, which is set to expire in late October.

Maha Energy is the operator of Block 70 with a 65% working interest, with Mafraq Energy holding the remaining 35%.

Maha Energy announced the results of the initial short-term production test on Block 70 in Oman (initial phase).

‘All eight production wells drilled in the 2022/2023 drilling programme were tested for the short-term, and five produced oil to surface at an initial estimated average rate of 300 barrels of oil per day per well, while three wells had to be suspended after producing water and gas but before producing any oil,’ the company said in a statement.

‘Even though more than 4,000 barrels of heavy, high viscosity oil (between 11-13 degrees API) were produced, filling all tank capacity available at Block 70, oil offloading has not yet initiated,’ Maha Energy said.

The company added that it is now scaling up chemical treatment of the produced oil, based on those products that provided the best results in the lab, to reduce viscosity and