Production from the Swedish oil company, Tethys Oil –before the government’s take– amounted to 342,446 barrels of oil (bbl) from blocks 3 and 4 onshore Oman in June, according to Times of Oman.
Under the Organization of the Petroleum Exporting Countries (OPEC+) agreement, Oman’s oil production has been constrained. As a result, production from Blocks 3 and 4 was limited but expected to fluctuate on a monthly basis.
Tethys Oil owns 30% interest in blocks 3 and 4 alongside Mitsui E&P Middle East with 20% and the operator Oman’s CC Energy Development with 50%.