Sweden-based Tethys Oil said that its share of the production, before government take, from onshore Blocks 3&4 in Oman amounted in April to 378,132 barrels of oil, corresponding to 12,604 barrels of oil per day.
The Official Selling Price (OSP) for Oman Export Blend Crude Oil for the month of April 2020 amounts to $54.61 per barrel. The OSP, as published by Oman’s Ministry of Oil & Gas, is the benchmark price for Tethys Oil’s monthly oil sales excluding trading and quality adjustments.
Tethys Oil AB, through its wholly owned subsidiary Tethys Oil Block 3 & 4 Ltd, has a 30 per cent interest in Blocks 3&4. Partners are Mitsui E&P Middle East B.V. with 20 per cent and the operator CC Energy Development S.A.L. (Oman branch) holding the remaining 50 per cent. – TradeArabia News Service
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