![Tethys Releases March Production Results](/sites/default/files/styles/hart_news_article_image_640/public/image/2024/04/tethys-releases-march-production-results.jpg?itok=HU8CJlQR)
(Source: Shutterstock.com)
Swedish E&P Tethys Oil announced March production results from Blocks 3 and 4 onshore the Sultanate of Oman.
Tethys produced 248,166 bbl of oil, or 8,005 bbl/d, according to an April 17 press release. The official selling price of Oman Export Blend Crude Oil for March was $78.75/ bbl.
Tethys Oil AB, through its wholly owned subsidiary Tethys Oil Block 3 & 4 Ltd., has a 30% interest in Blocks 3 and 4. Mitsui E&P Middle East BV holds 20% interest and CC Energy Development SAL, operator of the field, holds the remaining 50%.
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