Yemen Block 9
Calvalley Petroleum, together with their partners Medco Energy and Hood Oil are seeking a partner to help fund development of the numerous dsicoveries and producing wells.
The Block 9 concession is located within the western margin of the Sayun-Masila Basin in the province of Hadramout, in the Republic of Yemen, approximately 350 kilometres east of the capital city Sana’a.
This inland area has not been reached by recent conflict in Yemen and therefore is not materially affected by unrest elsewhere in the country.
Block 9 is the second-largest producing block in the Republic of Yemen by area. It contains several existing discoveries as proven reserves, as well as 41 exploration targets.
Past production during the period 2005–2015 amounted to approximately 16m bbl at an average production rate of 4,000 bbl/day.
Calvalley has made investments of $35–45m to rehabilitate Block 9 through surface and subsurface work including a pressure maintenance program, upgraded facilities, water injection and other improvements.