Masirah Oil Awards Drilling Rig Gig

November 5, 2019

Masirah Oil, an exploration and production company operating Block 50 offshore Oman, announced that it has awarded a drilling rig contract to Foresight Offshore Drilling Limited.

The jack-up Foresight Driller IX will be utilized for an appraisal well on the Yumna field in block 50 offshore Oman, said the joint entity owned by Petroci and Lime Petroleum.

The drilling rig contract will be effective for a minimum period of 30 days and is expected to commence in December 2019. Masirah Oil has an option to retain the rig for extended well testing and to drill additional wells.

The appraisal well will be drilled to determine the potential of the Yumna field.

Masirah Oil holds a 100 per cent interest in Block 50 Oman, said the release. Foresight Offshore Drilling currently operates a fleet of six jack-up rigs.



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