Circle reviewing nearshore potential of block off Oman

Offshore staff

MUSCAT, Oman – Circle Oil has provided an update on its exploration plans for block 52 offshore Oman.

The company has identified numerous potentially significant targets in deepwater, but will need to seek a farm-in partner to drill these prospects.

Detailed interpretation in 2011 and 2012 of existing datasets over the block also indicated three promising targets in the shallower nearshore waters, in depths less than 40 m (131 ft).

Circle plans a marine 2D seismic acquisition program to work up these prospects and is tendering to start acquisition as soon as possible. The resultant data should help determine prospect size and ranking and determine whether the company can undertake sole risk drilling in the block. 


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...