Tethys Oil’s June Production Records 342,446 bbl in Oman

Tethys Oil’s June Production Records 342,446 bbl in Oman

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%.

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