Asset Report

Damis (Block S1)

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The Damis contract area is located in the Sab'atyun Basin in central Yemen, adjacent to the Jannah contract area. The block contains three oil fields and two gas fields. The An Nagyah oil field is the largest and the only developed field, operated by Yung Holdings. Yemen's ongoing civil war has created security challenges that have severely impacted the country's upstream sector. Damis production peaked at 10,000 b/d in 2006. Force majeure was declared on the Damis block in 2015, resulting in a complete shutdown of the field. Historically, crude from the An Nagyah field was ...

Table of contents

  • Summary
  • Key Issues
    • Wells
    • Production facilities
    • Other developments
  • Capital costs
  • Operating costs
  • Royalty
  • State-carried interest
  • Cost oil
  • Profit oil
  • Income tax
  • Fixed tax
    • Signature bonus
    • Production bonuses
    • Other bonuses
  • 3 more item(s)...

Tables and charts

This report includes the following images and tables:

    Index mapDamis (Block S1) mapParticipation
    Field reservoir and hydrocarbon characteristicsReserves (2P) at 01/01/2026Contingent Resources (2C) at 01/01/2026Production (2025-2034)Production profileCapital Costs Pre-2016 to 2024 (US$ million)Operating Costs 2025 to 2029 (US$ million)Cash Flow (US$)
  • 7 more item(s)...

What's included

This report contains:

  • Document

    Damis (Block S1)

    PDF 2.77 MB

  • Document

    Damis (Block S1)

    PDF 2.76 MB