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PRODUCTION UPDATE - APRIL 2024

Muscat, 10 May 2024: Masirah Oil Limited (“MOL”) today announced that gross production in April 2024 from the Yumna Field in offshore Block 50 Oman, amounted to an average of 1,371 stock tank barrels per day (stb/d) over the 25 days of production period (Full month average: 1,143 stb/d).

 

Field production was shut in for five days in April 2024, in accordance with simultaneous operation procedures with the drilling rig Energy Emerger, to facilitate the ongoing multi-well drilling campaign, comprising the drilling of the Yumna-5 well and the work-over of two existing production wells, Yumna-2 and Yumna-3. Drilling of the Yumna-5 well has been completed and the well commenced production on 26 April 2024. Evaluation of the performance of Yumna-5 is ongoing.

 

MOL is the Operator and holds a 100 per cent interest in Block 50 Oman.



20240510_MOL_PressRelease_YumnaMarProdn_Final
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