Tethys Oil

The open hole testing of the Ara/Birba and Buah formations did not confirm the presence of commercially viable hydrocarbons. During drilling of the well, oil shows were present in the Amin formation above and the test confirmed a sizeable high-quality reservoir rock, able to maintain high productivity with water flows to surface. The presence of a source rock and a petroleum system in the area were also indicated but with no charge to the reservoir and the well produced formation water.

The test was an operational success performed with no incidents and has yielded an increased understanding of the play’s prospectivity. The well will now be suspended, and Tethys Oil will continue its efforts in the Fahd area with analysis and evaluation of the gathered data before deciding on how to best move forward.