Oman

In 2008 CC Energy through its SPV CC Energy Development S.A.L.(CCED) acquired two onshore blocks 3 & 4 (Afar & Ghunaim) on the eastern coast of Oman with a combined surface area of 37,000 km². These blocks had been previously held by numerous international oil companies who had drilled a total of 27 exploration wells and shot 35,000 km of 2D seismic giving CC Energy’s veteran technical team a rich data set to work from.

In 2009, CCED began its exploration program and drilled two back-to-back discoveries identifying commercial fields in the Farha South and Saiwan East areas. This was the first time light oil had been discovered in the Khufai reservoir in Oman and the first time oil had been discovered in the Barik in these blocks.

In light of CCED’s exploration program’s success, CCED acquired 1,142 km2 high-resolution 3D seismic survey over Saiwan East Fields (400 km2) and Farha South Fields (742 km2) to enable fast track development. Since then CCED has acquired in excess of 10,000 km2 of 3D Seismic on the blocks and drilled over 300 exploration, appraisal and development wells making numerous new discoveries in the Farha, Shahd, Ulfa, Erfan and Samha areas.

CCED continues to roll out its multi-year multi-phase field development plan and is producing circa 30,000 BOPD, making it the fourth largest upstream E&P operator in Oman in terms of production volumes.

To learn more about CCED, please refer to its website.

Block 3 & 4

Field Development Plan

Phase I of the project entailed an Early Production Facility (EPF) at Farha South as well as a temporary well test unit at Saiwan East allowing us to produce and truck oil from both fields. Production commenced at 500 BOPD during the second half of 2010 and increased to 14,000 BOPD by mid-2012.
Phase II entailed the commencement of full-scale production through the installation of Permanent Production Facilities (PPF) and a pipeline to PDO’s Qarn Alam facilities from which it enters the main oil line for onward export. Phase II also included the further installation of EPFs at the Shahd area to produce new discoveries.
Phase III included expansion of the Farha South Permanent Facilities, the installation of new Permanent Production Facilities in the Shahd area to replace the leased early production facilities, and an EPF at the Ulfa field which also handles the Samha field.

Block 38

In January 2024 CCC Energy Development signed a new Exploration Production Sharing Agreement (EPSA) with the Government of Oman for Block 38.

CCC has entered into a three-year first-phase exploration term for Block 38. During this initial period, CCC has agreed to a firm work program commitment to acquire 250km of 2D seismic data, reprocess 3,500km of 2D seismic data, and extensively evaluate the hydrocarbon prospectivity. The initial work commitment reflects that this block covers an area of Oman with very limited historic exploration activity.

Block 74

In January 2024 CCC Energy Development signed a new Exploration Production Sharing Agreement (EPSA) with the Government of Oman for Block 74.

Block 74 is situated on the western margin of South Oman, directly west of PDO Block 6. The licence covers a total area of 3,064 square kilometres.

CCC has entered a two-year first-phase exploration term for Block 74. During this initial period, CCC has agreed to a firm work program commitment to reprocess 1,800 square km of 3D seismic data and extensively evaluate the hydrocarbon prospectivity. The initial work commitment reflects that this block is situated on the relatively unexplored Ghudun-Khasfah High, adjacent to the South Oman Salt Basin.

82 MMbbls

Estimated 2P recoverable reserves from Blocks 3 & 4

3 Rigs

Operating drilling rigs in Oman in 2024

142 MMbbls

Total operated production from Blocks 3 & 4 from 2010 till end of 2023

Other operations

Operations