AMMAN — Director of the Directorate of Petroleum and Oil Shale in the Energy and Minerals Regulatory Commission (EMRC) Zaid Samour said that Jordan is one of the countries classified as undiscovered in the field of petroleum, pointing to the presence of oil in sandstone in the Dead Sea area, well No. (1), as well as oil evidence in Jurassic carbonates in well No. (2), according to Jo24.
اضافة اعلان
Samour said that the Kingdom is divided into 12 exploration areas. A concession agreement was signed with the National Petroleum Company for a period of 50 years, ending in 2046, to conduct studies and exploration in the Risha field. Zamour pointed out that the field's production is estimated at about 17 million cubic feet of gas, which is supplied to the power plant daily and contributes to 5 percent of the Kingdom's electric power needs.
Samour said that a production sharing agreement was signed with the National Petroleum Company to explore oil and gas in the East Safawi region in 2014.
He said that the Ministry of Energy and the Company are currently reassessing and developing the Hamza field, which contains 19 wells that the Natural Resources Authority previously drilled.
Samour said that there are challenges facing exploration for oil in Jordan, including the political instability in neighboring countries, the geological complexities of the oil system, and the insufficient exploration of the region to attract foreign investments.
Read more
National news.