BP has taken a major gas deal in Oman
that covers 2,800 sq. kilometers in the central
part of the country. The deal includes
Khazzan and Makarem fields, which were
discovered in 1993 but have remained
undeveloped due to complex tight-gas
reservoirs. BP will conduct a multi-year
appraisal program. First production is
expected to begin around 2010. The fields
and associated accumulations are estimated
to contain 20- to 30 trillion cu. ft. of gas
resources.