Production begins at the Tasour B oil field in Yemen
The Norwegian Oil Company (DNO), which owns 45 percent of the Block 32 license in Yemen, has reported the start of test-production from oil well number 3 at the Tasour field in Yemen.
The development of this field is shared between three companies: Asan Wikfs Ltd. (45 percent), DNO (45 percent) and TG Holding Yemen (10 percent), with the total cost of the project estimated at $1.75 million.
Presently, the Tasour field is comprised of three wells with an overall production capacity of 9,500 to 10,000 barrels per day. The field was officially opened for exploitation in December 1999, followed by the commencement of construction in February 2000. Tasour is scheduled to be fully operational by the fourth quarter of 2000. The site is assumed to hold 8 million barrels.
DNO has already started test drilling at Block 14, a site located at a 2-3 kilometer distance from the Tasour B structure. The field is situated in a deeper positioned geological level and believed to contain 8-10 million barrels. Drilling is expected to continue through the next month. –(Albawaba-MEBG)