Bids open today for 4 Oman blocks

Bidding for four oil and gas blocks offered as part of the 2017 Oman Licensing Round formally kicks off today, September 20, 2017.
The Ministry of Oil and Gas is overseeing the tendering of the four onshore blocks, comprising Block 43B, Block 47, Block 51 and Block 65. These are part of a portfolio of over 10 open blocks that will be tendered over the next few years, according to the Ministry.
Conventional gas is the main play type in Block 43B, an 11,967 sq km license located along the coastal area of the Sultanate north of the Hajar Mountains. Tight gas is the predominant play in the 8,524 sq km Block 47 located in interior of Oman.
In addition to a conventional oil and gas play in Block 51, there is also a tight gas play in the Natih E formation, which has been recognised as a prime target across northern Oman.