OIL & GAS EXPLORATION AND PRODUCTION
Hydrocarbon Finder, the oil & gas exploration and production company of S&T was established in 2015 to acquire, explore, develop and produce oil and gas resources in Oman. With advanced subsurface development and efficient operations, HCF conforms to the highest quality, health, safety and environmental management systems.
The Government of Oman awarded onshore Block 7 (100% ownership) and Block 15 (90% ownership in agreement with Odin Energy).
Block 7: It is spread across approx. 2,300 sq. km. and contains three producing fields – Sahmah, Ramlat, and Rija. Production commenced in Sahmah (1980). The block produces light quality oil with average gravity of 44◦ API, which is sold as ‘Oman Blend’.
Block 15: Located in Northern Oman in the Foreland sub-basin and is just under 1400 sq. km. in area.
The most prospective reservoir horizons are expected to be the Natih and Shuaiba formations in the permits located immediately south of Block 15. Three wells have been drilled in Block 15 – Wadi Saylah #1 and Jebel Aswad #1&2. All wells have encountered hydrocarbons.
ownership, onshore Block 7
ownership, onshore Block 15