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    BP to Complete 16 Wells in Khazzan Tight Gas Field by Year End

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Summary

BP will complete 16 wells in Khazzan tight gas field in Oman’s Block 61 and will have at least nine rigs in operation by the end of this year.

by: shardul

Posted in:

Asia/Oceania

BP to Complete 16 Wells in Khazzan Tight Gas Field by Year End

BP will complete 16 wells in Khazzan tight gas field in Oman’s Block 61 and will have at least nine rigs in operation by the end of this year, Times of Oman reported Sunday. 

Dave Campbell, chief operating officer, BP Oman, said the company is committed to meet a 2017 target to deliver first gas adding that the Khazzan project is on track, on budget and on schedule.

The full field development of the Khazzan project will involve a drilling program of around 300 wells over 15 years to deliver plateau production of one billion cubic feet (28.3 million cubic metres) of gas per day.

"We have made good progress to date and this year, we will start 20 and will complete 16 wells," Campbell said, adding that 14 wells are planned to be fractured and stimulated in 2015.

 Sanctioned in December 2013, the Khazzan project represents the first phase in the development of one of the Middle East region’s largest unconventional tight gas plays.

BP is the operator of Block 61 and holds a 60% interest. The Oman Oil Company for Exploration and Production holds remaining 40% interest.