Saudi Arabia - joining the dots

A series of blog entries exploring Saudi Arabia's role in the oil markets with a brief look at the history of the royal family and politics that dictate and influence the Kingdom's oil policy

Showing posts with label upstream. Show all posts
Showing posts with label upstream. Show all posts

Sunday, 10 August 2014

Notes on Oman

Executive summaryAfter years of declining production, crude output has increased y-o-y since 2008 due to:Oman's EOR project at the Mukhaizna field; andStabilisation of production at PDO's Block 6 (Oman's main producing area)PDO has also implemented a number of EOR initiatives to maintain its own production of c.550mbopd over the next 5 to 8 yearsThe success of these EOR projects will largely dictate the level to which Oman can maintain liquids production over the medium termIncreasing focus on gas production in response to projected shortfallsEncourage...