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    Khazzan-Makarem Tight Gas Field to Provide Third of Oman's Gas Output by 2020

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Summary

Oman’s Khazzan-Makarem tight gas field in Block 61 is expected to supply a third of country’s natural gas in the year 2020, according to BP.

by: Shardul

Posted in:

Asia/Oceania

Khazzan-Makarem Tight Gas Field to Provide Third of Oman's Gas Output by 2020

Oman’s Khazzan-Makarem tight gas field in Block 61 is expected to supply a third of country’s natural gas in the year 2020, according to BP.

“BP’s flagship project in partnership with Oman Oil Company is the Khazzan Makarem project — a project that is truly world-scale, a project that is important for Oman and important for BP as well. It has the potential to deliver up to 30 per cent of Oman’s gas supply in 2020,” Oman Daily Observer quoted David Dalton, Middle East Regional President of BP as saying.

BP and Oman signed the tight gas project deal late last year.

The British energy giant plans to drill around 300 wells over 15 years and produce about one billion cubic feet (28.3 million cubic metres) of gas per day and 25,000 barrels per day of gas condensate.

Dalton said that although development of unconventional gas field present serious challenges, he expects all the key stakeholders — governments, operators and service providers in particular to come together and overcome the challenges, reported Oman Daily Observer.

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