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Water injection

WSW 002 570

Water injection is a method to increase oil recovery from an existing reservoir. Water is injected back into the reservoir, usually to increase pressure and thereby stimulate production from a well. Water is injected to support pressure of the reservoir and to sweep or displace oil from the reservoir, and push it towards a well. Using water injections can increase the production rate for reservoir from 10-20 percent to 30-45 percent and extend the commercial period.

About Tethys Oil

Tethys Oil is a mid sized Swedish oil company with focus on onshore areas with known oil discoveries. Tethys Oil's core area is Oman, where the company holds 2P reserves of 21.4 mmbo and has an oil production of about 12,000 barrels per day from Blocks 3&4. Tethys Oil also has onshore exploration licences in Lithuania and France and some production in Lithuania. The head office is located in Stockholm and the company's shares are listed on Nasdaq Stockholm (TETY).