Production update October 2020
Tethys Oil’s share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman amounted in October 2020 to 329,023 barrels of oil, corresponding to 10,614 barrels of oil per day.Oil production in Oman is currently subject to production limitations under the OPEC+ agreement. As a consequence, production from Blocks 3&4 is subject to limitations but is likely to fluctuate on a monthly basis. The Official Selling Price (OSP) for Oman Export Blend Crude Oil for the month of October 2020 amounts to USD 44.32 per barrel. The OSP, as published by Sultanate of Oman’s