Yemen: Calvalley starts oil flow from two fields

By OGJ editors
HOUSTON, Apr. 13
– Calvalley Petroleum Inc., Calgary, began oil production from Ras Nowmah and Al Roidhat fields on Block 9 into the Masila Export Pipeline System under a temporary arrangement using the Block 51 metering system.

All of Calvalley’s blended crude oil will receive the Masila Blend price, which is benchmarked to Brent crude pricing. The company’s own metering system is expected to become available in May 2011.

Despite the unsettled security environment in Yemen, Calvalley continues its activities as close to normal as possible with two drilling rigs and one service rig in operation.

Completion of the TOF is a major milestone in Calvalley’s program of increasing production, by bringing significant volumes of shut-in production on line, takes advantage of higher oil prices and market accessibility provided by the MEPS



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

Whitepapers

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 ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...