Masirah Oil Announces Production at Omani Field

Masirah Oil, a 91.81% subsidiary of Rex International, said that gross oil output from the Yumna Field in offshore Block 50 Oman, in December 2021 amounted to 8,440 stock tank barrels per day (stb/d). "Production was choked back during December for reservoir and fluid flow optimization and to carry out continuing maintenance of the Mobile Offshore Production Unit’s production system," Masirah oil said.

For comparison, production in November 2021 was 8,234 stock tank barrels per day (stb/d), also choked back for the reasons listed above. Masirah Oil is the Operator and holds a 100% interest in Block 50 Oman. First oil from the Yumna field was achieved in February 2020. In 2020, 2.12 million barrels of oil were produced and sold from the Yumna Field.