Block 3 & 4 is a producing conventional oil field located onshore Oman and is operated by CC Energy Development SAL. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block 3 (Afar) and Block 4 (Ghunaim). Buy the profile here.
Field participation details
The field is owned by Consolidated Contractors, Mitsui and Tethys Oil.
Production from Block 3 & 4
The Block 3 & 4 conventional oil field recovered 57.45% of its total recoverable reserves, with peak production in 2019. Based on economic assumptions, production will continue until the field reaches its economic limit in 2049. The field currently accounts for approximately 2% of the country’s daily output.
About CC Energy Development SAL
CC Energy Development SAL (CCED) is an oil and gas company that offers production and exploration of crude oil and natural gas assets. The company's services include development, discovery and exploration of oil assets. It operates blocks in the Sultanate of Oman. The company produces oil from the Lower Al-Bashair, Upper Khufai, Lower Buah, and Lower Khufai reservoirs and the Barik and Lower Al Bashair reservoirs. It has operations in Oman, Yemen, Palestine, Lebanon, Nigeria, the UK and the US. CCED is headquartered in Beirut, Lebanon.
For more details on the Block 3 & 4 Conventional Oil Field, buy the profile here.