Masar Petroleum discovers oil onshore Oman
Key Highlights
- Masar Petroleum discovered oil in Block 7 onshore Oman.
- First oil from the Hasirah Ridge trend is expected in fourth-quarter 2026.
Masar Petroleum SAOC discovered oil in Hasirah Ridge, Block 7, onshore Oman. The Omani company plans to quickly advance appraisal and development opportunities across the block.
The company drilled a new exploration well south of its existing discoveries, validating the concept of the Hasirah Ridge, a geological trend 5 km wide and 30 km long mapped across Block 7 using 2D seismic data.
The discovery represents the first step towards unlocking the Ridge's prospective resource base of 100-380 million bbl, the company said.
First oil from Hasirah Ridge is expected onstream in fourth-quarter 2026. Following this discovery, a planned 3D seismic survey and exploration and appraisal program is expected to advance the development of the new resources by year-end 2028.
Block 7 is spread across about 2,300 sq km and contains three producing fields: Sahmah, Ramlat, and Rija. Production started in Sahmah (1980). The block produces light quality oil with average gravity of 44° API which is sold as Oman Blend.
Masar Petroleum is operator and owns 100% of the block.