Masirah Oil has contracted Shelf Drilling’s jackup Tenacious for two development wells on the Yumna oil field and one exploration well in block 50 offshore Oman.
Yumna started production this April. Singapore-based Rex International Holding has an 86.37% stake in Masirah.
Dan Broström, executive chairman of Rex, said the two new wells would boost output, while the exploration well location will be chosen from 14 previously identified prospects close to the Yumna field.
“A discovery in this exploration well will enable us to put together further development plans and potentially convert more prospective resources near the Yumna field into additional reserves,” he added.
